(11 January 2022, 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 6th 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 and US stock information platforms, Tonghuashun and China Galaxy Securities, "2021 Golden Hong Kong Stock" has been running into its 6th 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" again, Mr. Duan Chuan Liang, Chairman of China Water Affairs, said, "China Water Affairs has always been committed to the business philosophy of "water-oriented, kindness to society " and has steadfastly implemented the core strategies of urban and rural water supply integration and drainage integration to meet the growing demand for high-quality and healthy drinking water and to promote pipeline direct drinking water services to ordinary people , which is in line with the new concept of green and low-carbon development, and also Governments at all levels have introduced a number of policy to regulate and support the market. For the Company, being able to stand out from a number of Hong Kong enterprises is a huge motivation. In the future, The Company will continue to focus on the comprehensive and steady promotion and high-quality development of water supply business, respond to the call of our country with practical actions, fulfill our corporate environmental social responsibility, create greater value for shareholders, and contribute to the economic development and improvement of people's livelihood in our country."

Caption: China Water Affairs won the "Best Infrastructure and Public Utilities Company Award" at 2021 Golden Hong Kong Stock

Caption: China Water Affairs won the "Best Infrastructure and Public Utilities Company Award" at 2021 Golden Hong Kong Stock

Caption: China Water Affairs won the "Best Infrastructure and Public Utilities Company Award" at 2021 Golden Hong Kong Stock

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About China Water Affairs Group Limited

A leading market-oriented, professional, international, 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, pipeline direct drinking water, 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.

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Tel: (852) 2522 1838 / (852) 2522 1368

Email: ali@prchina.com.hk / rchen@prchina.com.hk

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China Water Affairs Group Ltd. published this content on 11 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 January 2022 09:05:03 UTC.