Everbright International's Vietnam Can Tho Waste-to-energy Project Commences Operation

9 December 2018, Hong Kong - China Everbright International Limited ("Everbright International" or "the Group") (Hong Kong stock code: 00257) is pleased to announce that the Group's Vietnam Can Tho Waste-to-energy Project ("Can Tho Project" or "the Project") has recently commenced opera-tion.

Can Tho Project marks the first overseas waste-to-energy project for Everbright International and also the first ever advanced waste-to-energy project in Vietnam. The project is invested by, and has been constructed and is operated by, Everbright International, with a total investment of USD47 mil-lion. It has a designed daily waste processing capacity of 400 tonnes and generates approximately 60 million kWh of green electricity annually. The core equipment at the Project is self-developed by Everbright International, including the grate furnaces, the gas purification system and the leachate treatment system. Gas emissions fully comply with relevant national standards, with the daily aver-age level of online monitored gas emissions superior to that of the Euro 2010 Standard.

Following the winning of the bid for the Project in July 2016 and signing of the project agreement in December of the same year, Everbright International carried out preparation work relating to the Project in a highly professional manner and strictly followed relevant laws and regulations in Vi-etnam. As a result, the preliminary procedures relating to the Project were completed within only half a year. The Project commenced construction in June 2017. With the goal of developing the Pro-ject into a green benchmark in the Mekong Delta, by adhering to its philosophy of "State-of-art Technology, Excellent Design, Advanced Equipment, High-quality Construction and First-class Man-agement", and bearing a great sense of social and environmental responsibility, Everbright Interna-tional carried out the construction works efficiently and orderly till all the construction works were completed and the Project commenced operation smoothly.

Mr. Wang Tianyi, CEO of Everbright International, said, "The commencement of operation at Can Tho Project marks the completion of Vietnam's first high standard waste-to-energy project. It will effectively improve the overall environment of the city, and lay a solid foundation for Can Tho's economic development. Meanwhile, the Project will serve as a benchmark for the solid waste treatment sector in Vietnam, and will play an important role in promoting and guiding the construc-tion standards, management model and technology of the local waste-to-energy projects. The Group believes that the Project will generate good investment return."

Mr. Wang Tianyi emphasised, "With Can Tho Project commencing operation, Everbright Interna-tional has reached another important milestone in launching environmental protection projects overseas in line with China's ‘Belt and Road' initiative. Supported by the advantages of Can Tho Pro-ject as a demonstration initiative, the Group will continue to leverage its advanced technologies, various series of equipment, extensive management experience and diverse investment models, to continue searching for good investment projects in Vietnam and the surrounding areas, while ensur-ing profitability and risk control, in an effort to proactively participating in global environmental management."