Investor Relations
Press Release
26 Jul 2018

Everbright Water Secures Shandong Ji'nan Sludge Treatment Project and Jiangsu Jiangyin Waste Water Treatment (Binjiang Plant and Shizhuang Plant) Upgrading Project


Singapore, 26 July 2018 – China Everbright Water Limited ("Everbright Water" or the "Company", SGX: U9E) (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 secured Ji'nan Sludge Treatment Project in Shandong Province and Jiangyin Waste Water Treatment (Binjiang Plant and Shizhuang Plant) Upgrading Project ("Jiangyin Upgrading Project") in Jiangsu Province, commanding a total investment of approximately RMB90.61 million.

The Company signed an agreement with Ji'nan Urban and Rural Water Authority of Shandong Province, which authorised the Company to undertake Ji'nan Sludge Treatment Project for Ji'nan Waste Water Treatment Project (Plant 1 & 2). The sludge treatment project has a designed daily sludge dehydration treatment capacity of 430 tonnes, with water content of sludge after dehydration being no higher than 65% of total sludge weight. The project commands an investment of RMB64.73 million, and its concession period runs concurrently with that of Ji'nan Waste Water Treatment Project (Plant 1 & 2).

Separately, Everbright Water secured Jiangyin Upgrading Project earlier, which commands an investment of RMB25.88 million. This project will adopt ozone oxidation technology to upgrade the ozone generation chambers, ozone contact pools, liquid oxygen stations and auxiliary pipeline facilities of Binjiang Plant and Shizhuang Plant, so as to meet relevant requirements set by the national Grade 1A standard.