China Everbright Water Limited announced that the company has incorporated the Joint Venture Company, Everbright Water Suizhou Water Environment Management Limited ("EB Suizhou Co"), in the People's Republic of China pursuant to the terms of the Joint Venture Agreement. EB Suizhou Co has been established with a registered capital of CNY 260,000,000 and a shareholding breakdown as China Everbright Water Limited 78.4%, Suizhou High-Tech Industry Investment Co., Ltd. 20%, Hubei Shuizong Water Resources & Hydropower Construction Co., Ltd. 0.8% and Beijing Orient Landscape & Environment Co., Ltd. 0.8%. The incorporation of EB Suizhou Co will result in EB Suizhou Co becoming a direct subsidiary of the company.

The principal business activities of EB Suizhou Co include (a) the construction and provision of technical services in relation to river restoration and landscaping, (b) the construction and operation of landscaping projects, drainage pipeline networks, rainwater bump stations and waste water treatment plants and (c) the design, construction and provision of technical services in relation to municipal roads, bridges and infrastructure.