18 May 2016
Everbright Water to be included as a constituent of MSCI China Small Cap IndexSingapore, 18 May 2016 – 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 integrated environmental water business, is pleased to announce that it will be included as a constituent stock of the MSCI China Small Cap Index (the "Index") following the latest round of MSCI index review.
Everbright Water will make its first entry into this Index as of market close on 31 May 2016. The controlling shareholder of the Company, China Everbright International Limited (HKSE: 00257) has been included as a constituent stock of the MSCI China Index since 2013.
MSCI is a leading provider of investment decision support tools worldwide. Compiled by MSCI, the Index is designed to measure the performance of the small cap segment of the China market. The constituent stocks of the Index are companies with excellent performance and development potential. It is one of the most commonly followed indexes by institutional investors.
Mr Wang Tianyi, Executive Director and Chairman of Everbright Water, said, "It is very encouraging that Everbright Water has become a part of the MSCI China Small Cap Index. It is a testimony of our overall performance since the listing of Everbright Water at the end of 2014. Besides, we also believe that this inclusion will further enhance Everbright Water's reputation among the institutional investors and make Everbright Water one of their potential stocks investments. Looking ahead, we will continue to make persistent effort in contributing to the water industry and achieving sustainable growing returns for shareholders."