Investor Relations
Press Release
13 Mar 2012

Everbright International Signed Wujiang Waste-to-energy Project

Waste-to-energy Gains Another Victory
Market Presence in Jiangsu Gains More Momentum

China Everbright International Limited ("Everbright International" or the "Group") today announced that, it has signed an agreement with Wujiang Municipal Urban Management Bureau, Jiangsu Province for the investment in constructing a waste-to-energy project (the "Wujiang Project" or the "Project"). The Wujiang Project commands a total investment of RMB890 million. The Project is expected to commence in year 2014.

As the 15th waste-to-energy project of the Group, Wujiang Project has a daily designed waste processing capacity of 1,500 tonnes. The Project will be equipped with three self-developed grate furnaces, each has a processing capacity of 500 tonnes and two 15MW generators. The gas emission of the Project will meet Euro 2000 standard.

Among the 15 waste-to-energy projects that Everbright International has invested, 13 are located in Jiangsu Province, which cover 10 prefecture-level and county-level cities, commanding a total investment of RMB6.07 billion. Since the first Waste-to-energy Project, Suzhou Project, has come to operation, the Group has been persistently adhering to its principle of "Producing quality projects and Building a quality brand", which has been accepted and recognized by the local society and gained the trust from the government. As of today, the number of environmental protection projects in Jiangsu Province has reached 33, with a total investment of RMB8.82 billion. They are, but not limited to, waste-to-energy, methane-to-energy, hazardous waste landfill, waste water treatment, sludge treatment, environmental protection equipment center, surface water, reusable water and photovoltaic energy projects. All the above have made an outstanding contribution to environmental management and energy conservation in Jiangsu Province.

Mr. Chen Xiaoping, Chief Executive Officer of Everbright International, said, "Wujiang is ranked the second in the 100 best counties in the PRC. This Project has strengthened the Group's positioning in the waste-to-energy industry, improved the market strategic layout in Jiangsu Province, and enhanced our brand presence in this industry. Looking forward, Everbright International will continue to focus on its core principal of "Producing quality projects and Building a quality brand", and continue to construct, operate and manage every project to the highest standard thus to contribute to the environmental restoration of the PRC."