The board of directors of Beijing Enterprises Water Group Limited announced that the Issuer completed the issuance of BEW China Investment 2023 Medium-term Notes Series 2 to qualified investors on 18 October 2023. The principal amount of BEW China Investment 2023 Medium-term Notes Series 2 is RMB 1 billion with a term of 5 years with the maturity date in October 2028 and coupon rate at 3.30% per annum. The proceeds from the issuance of BEW China Investment 2023 Medium-term Notes Series 2 are intended to be used by the Issuer for its general working capital purposes.