| (6 January 2021, Hong Kong) China Water Affairs Group Limited(“China Water Affairs” or the “Company”; stock code: 0855.HK), A leading professional, market-oriented, and cross region water supply operator in China, is pleased to announce that the Company has been awarded with the “Best Infrastructure and Public Utilities Company” at the 5th Golden Hong Kong Stock Awards, demonstrating wide recognition from the market and the investment community of the Company's outstanding performance in the field of infrastructure and public utilities. Co-organized by Zhitong Caijing, China’s leading Hong Kong stock information service provider and Tonghuashun, China’s leading listed company in the Internet financial information service industry, “2020 Golden Hong Kong Stock” has been running into its 5th year and to mainly recognize outstanding listed companies in various sectors of the Hong Kong stock market. Based on the performance growth, industry ranking, corporate governance, business model, market influence and capital market performance of enterprises in the past year, the selection committee of experts gave a comprehensive score, supplemented by the corresponding weight of public voting, in order to select the final winning companies. Today, “Golden Hong Kong Stock Award” has become the world’s most authoritative selection of Hong Kong listed companies, and has provided the benchmarks that are widely recognized by global investors. “We are honoured to receive the “Best Infrastructure and Public Utilities Award”, Mr. Duan Chuan Liang, Chairman of China Water Affairs, said, “The COVID-19 outbreak in early 2020 has had a huge impact on domestic economic life. Facing such unprecedented challenges, the Company was able to respond calmly and leverage the advantages of stable public utilities income and cash flow to maintain steady business development and enhance service standards with its healthy financial foundation. The Company has ensured a safe and stable operation of its water supply and sewage treatment in every city the Company operates and has realized the steady development of the business in cooperation with the government's economic recovery plan. This award is a recognition of our efforts and perseverance in serving the people and fulfilling our social responsibilities over the years. Looking forward, China Water Affairs will continue to focus on the comprehensive and steady promotion and high-quality development of water supply business, constantly improve the core competitiveness, and contribute to the improvement of people's livelihood.” About China Water Affairs Group Limited A leading professional, market-oriented, and cross region water supply operator in China and the only Hong Kong listed water company focusing on tap water. Headquartered in Hong Kong. Operation management centers in Beijing and Shenzhen. The main business of the Group (including associated companies) is to operate urban water supply, sewage treatment and drainage and other related value-added services in the Mainland of China. Covering around 30 million people in over 100 cities in 20 provinces and 3 municipal cities. Total daily capacity: over 20 million m³, and the Group has established a leading position in the overall business operation mode in China’s water affairs market. Management comprises of veteran experts in the water industry with insight into government policies. Included in the first batch of Shenzhen-Hong Kong Stock Connect by HKEX in 2016. Included in the FTSE Environmental Opportunities Asia Pacific Index since 2009. This press release is issued by PRChina Limited on behalf of China Water Affairs Group Limited. For investor and media enquiries | PRChina Limited Alice Yip / Evelyne Wang Tel: (852) 2522 1838 / (852) 2522 1368 | |
