Yunnan Water Investment : INSIDE INFORMATION TENDER AWARD OF THE PPP PROJECT OF FACILITATING CONSTRUCTION IN RELATION TO THE NEW ROUND OF THE URBAN AND RURAL WASTEWATER TREATMENT IN YINGDE, GUANGDONG, THE PRC

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雲南水務投資股份有限公司

Yunnan Water Investment Co., Limited*

(a joint stock limited liability company incorporated in the People's Republic of China)

(Stock code: 6839)

INSIDE INFORMATION

TENDER AWARD OF THE PPP PROJECT OF FACILITATING CONSTRUCTION IN RELATION TO THE NEW ROUND OF THE URBAN AND RURAL WASTEWATER TREATMENT

IN YINGDE, GUANGDONG, THE PRC

This announcement is made by Yunnan Water Investment Co., Limited* (the "Company", together with its subsidiaries, the "Group") pursuant to Rule 13.09(2)(a) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules") and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong).

The board (the "Board") of directors (the "Directors") of the Company hereby announces that, the

Company together with Central and Southern China Municipal Engineering Design and Research Institute Co., Ltd.* ( 中國市政工程中南設計研究總院有限公司 ) ("CSMDI") and (Jiangxi

Construction Engineering Third Construction Limited Liability Company* ( 江西建工第三建 築有限責任公司 ) ("JXCETC") were awarded the public-private partnership ("PPP") project (the "Project") of the facilitating construction in relation to the new round of the urban and rural wastewater treatment in Yingde, which is granted by the People's Government of Yingde city, Guangdong Province, the People's Republic of China (the "PRC") by way of public tender. The total estimated investment of the Project amounted to approximately RMB626,850,500.

The Project is an operational asset project, covering the improvement of existing wastewater treatment facilities and auxiliary wastewater collection pipeline networks in six towns in Yingde and the construction of 22 new wastewater treatment facilities in 18 towns in Yingde under the operation model of DBFOT (Design-Build-Finance-Operate-Transfer).

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The Directors consider that the implementation of the Project can provide the Group with a good opportunity to further expand its business in the market of central and northern of Guangdong Province, enhance its profitability and improve its influence over the environmental protection industry in Guangdong Province and achieve cross-regional development. Through the implementation of the Project, the Group can fully leverage on its experience in undertaking wastewater treatment projects in other regions of Guangdong to form a synergistic effect, thereby achieving more refined water supply and drainage management and boosting the Group's profitability.

None of the Directors or substantial shareholders of the Company has any direct or indirect interest in the Project.

To the best knowledge, information and belief of the Directors after making all reasonable enquiries, CSMDI, JXCETC and their ultimate beneficial owners (if applicable) are third parties independent of the Company and its connected persons (as defined under the Listing Rules).

As at the date of this announcement, the Company has not yet entered into any definitive agreement nor has it agreed to any terms or timeline in relation to the Project. In the event that any transaction(s) in relation to the Project, if and when materializes, constitutes notifiable transaction(s) of the Company, the Company will make further announcement(s) as and when appropriate and comply with the relevant requirements under the Listing Rules.

By order of the Board

Yunnan Water Investment Co.,Limited*

Yang Tao

Chairman

Kunming, the PRC,

13 March 2020

As at the date of this announcement, the executive Directors are Mr. Yu Long (Vice Chairman), Mr. Yang Fang, the non-executive Directors are Mr. Yang Tao (Chairman), Ms. Li Bo, Mr. He Yuanping and Mr. Chen Yong, and the independent non-executive Directors are Mr. Liu Shuen Kong, Mr. Hu Song and Mr. Ma Shihao.

*  For identification purposes only

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