Everbright Water Secures Zhuertun Waste Water Treatment Plant Retrofitting and Expansion Project in Dadong District of Shenyang in Liaoning Province

Singapore and Hong Kong, 8 June 2020 – China Everbright Water Limited ("Everbright Water" or the "Company", stock codes: U9E.SG and 1857.HK) (中国光大水务有限公司), an environmental protection company focusing on water environment management, is pleased to announce that the Company has recently entered into a concession agreement with the Urban Construction Bureau of Dadong District of Shenyang City, Liaoning Province, in relation to Zhuertun Waste Water Treatment Plant Retrofitting and Expansion Project ("Zhuertun Project") in the Dadong District of Shenyang City. Zhuertun Project commands a total investment of approximately RMB64 million.

Zhuertun Project includes the retrofitting and expansion works of Zhuertun Waste Water Treatment Plant, which currently has a designed daily waste water treatment capacity of 5,000 m³. Upon completion of the retrofitting work, Everbright Water will provide operation and management services for Zhuertun Waste Water Treatment Plant. The expansion work will be invested in, constructed, operated and maintained based on a BOT (Build-Operate-Transfer) model, with a concession period of 30 years. The expansion work will contribute an additional daily waste water treatment capacity of 5,000 m³. With the discharged water complying with the national Grade 1A standard according to the Discharge Standard of Pollutants for Municipal Wastewater Treatment Plant (GB18918-2002), Zhuertun Project is mainly responsible for the treatment of municipal waste water, as well as industrial waste water generated by enterprises located in the Shenyang Automobile City Industrial Park and the Shenyang-European Union Economic Development Zone.

Following the securing of Zhuertun Project, Everbright Water has invested and held a total of 22 waste water treatment projects in Liaoning Province. With a total designed daily waste water treatment capacity of 895,000 m³ and a business footprint in various prefecture-level cities of the province such as Shenyang, Dalian, Panjin and Anshan, these projects will help further enhance Everbright Water's market planning in Shenyang City and also in Liaoning Province, and strengthen the Company’s local market position.