Core Viewpoint - China Water Investment Group is enhancing its water supply services through technological innovation and comprehensive management, aiming to become a leading national water utility company while addressing urban and rural water supply integration [1][5]. Group 1: Technological Advancements - The company has developed a smart water management platform that integrates billing, installation, and data recording, significantly improving operational efficiency and service quality [2]. - Advanced equipment in water quality testing allows for the analysis of 170 indicators, ensuring high standards in water safety and management [1][2]. - The implementation of an automated precise dosing system in wastewater treatment has led to a significant reduction in carbon source costs [2]. Group 2: Rural Water Supply Solutions - In Liyang, a project was initiated to address water supply issues, resulting in a system that now provides 280,000 cubic meters of water daily to 800,000 residents [4]. - The company is expanding its services in Anhui province by upgrading pump stations and constructing new water plants to enhance water supply reliability [4]. - The East China regional headquarters manages 34 water supply and drainage projects, with a total water treatment capacity of 2.5 million cubic meters per day [4]. Group 3: Business Expansion and Sustainability - The company is transitioning from a traditional water supplier to a comprehensive water ecological service provider, expanding its services to include water environment governance and rainwater recycling [6][7]. - Efforts are being made to develop a sustainable water ecological system that encompasses water supply, drainage, environmental governance, and water reuse [7]. - The company aims to enhance the safety, accessibility, and sustainability of water services while promoting high-quality development [7].

此 乃 要 件 請 即 處 理 閣 下 如 對 要 約、本 綜 合 文 件 及╱或 隨 附 之 接 納 表 格 任 何 方 面 或 應 採 取 之 行 動 有 任 何 疑 問，應 諮 詢 持 牌 證 券 交 易 商 或 註 冊 證 券 機 構、銀 行 經 理、律 師、專 業 會 計 師 或 其 他 專 業 顧 問。 閣下如已售出或轉讓所有名下之康達國際環保有限公司證券，應立即將本綜合文件連同隨附之接納表格送交買方或承讓人， 或 經 手 買 賣 或 轉 讓 之 持 牌 證 券 交 易 商 或 註 冊 證 券 機 構、銀 行 或 其 他 代 理 商，以 便 轉 交 買 方 或 承 讓 人。 本 綜 合 文 件 應 與 隨 附 之 接 納 表 格 一 併 閱 讀，表 格 之 內 容 構 成 要 約 條 款 及 條 件 之 一 部 分。本 綜 合 文 件 不 會 於 或 向 任 何 倘 此 舉 屬 違 反 當 地 相 關 法 例 的 司 法 權 區 發 佈、刊 發 或 派 發。 香 港 交 易 及 結 算 所 有 限 公 司、香 港 聯 合 交 易 所 有 限 公 司 以 及 香 港 中 央 結 算 有 限 公 司 ...

Core Viewpoint - China Water Investment Group celebrates its 20th anniversary, emphasizing its commitment to integrated urban and rural water supply, technological innovation, and green development to become a leading national water utility enterprise [1][2]. Group 1: Company Development - China Water has expanded its water treatment capacity from 190,000 cubic meters to 490,000 cubic meters, and the total length of its water supply network has increased from over 2,000 kilometers to more than 4,300 kilometers, serving a population that has grown from several hundred thousand to over 1.2 million [2]. - The company has evolved from a single water supply business to a comprehensive industry chain that includes integrated urban and rural water supply and smart water management [2]. - The establishment of the Huai'an Water Supply Company in collaboration with the Huai'an government has significantly contributed to the development of the water supply sector in Huai'an, showcasing a successful model of central-local cooperation [1][2]. Group 2: Technological and Environmental Initiatives - China Water has implemented smart management systems that monitor pipeline pressure, water quality, and urban-rural supply networks in real-time, representing a technological advancement in traditional water utility operations [1]. - The company has introduced direct drinking water services in various cities, including Huai'an, Yongkang, and Qingdao, and has developed three product lines along with two patent authorizations [2]. - Efforts in contract water-saving management have been piloted in multiple districts of Handan, exploring new models for comprehensive water conservation and extending its operations to a full industry chain that includes water supply, drainage, environmental management, and recycled water utilization [2].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 （於開曼群島註冊成立並遷冊往百慕達之有限公司） （股份代號：855） 股東週年大會通告 茲通告中國水務集團有限公司（「本公司」）謹訂於二零二五年九月十九日上午十時 正假座香港灣仔港灣道18號中環廣場64樓6408室（或在黑色暴雨警告信號、八號或 以上熱帶氣旋警告信號、或香港政府宣佈「極端情況」於同日上午九時正在香港生 效之情況下，改訂於二零二五年九月二十二日同一時間及地點）舉行股東週年大會， 以考慮下列事項： * 僅供識別 1 1. 省覽本公司截至二零二五年三月三十一日止年度之經審核財務報表及董事會 與核數師報告。 2. 宣派末期股息。 3. (i) 重選丁斌小姐為執行董事； (ii) 重選段林楠先生為執行董事； (iii) 重選白力先生為非執行董事； (iv) 重選邵梓銘先生為獨立非執行董事； (v) 重選何萍小姐為獨立非執行董事；及 (vi) 授權董事會釐定董事酬金。 4. 考慮並酌情委聘安永會計師事 ...

為本人╱吾等之代表，代表本人╱吾等出席本公司於二零二五年九月十九日（星期五）上午十時正假座香港灣仔港灣 道18號中環廣場64樓6408室（或在黑色暴雨警告信號、八號或以上熱帶氣旋警告信號、或香港政府宣佈「極端情況」 於同日上午九時正在香港生效之情況下，改訂於二零二五年九月二十二日（星期一）同一時間及地點）舉行之股東週 年大會或其任何續會，以考慮及酌情通過（無論有否修訂）召開上述大會或其任何續會之通告所載之決議案，並按 下列指示於股東週年大會或其任何續會上投票： | | 普通決議案4 | 贊成4 | 反對4 | | --- | --- | --- | --- | | 1. | 省覽本公司截至二零二五年三月三十一日止年度之經審核財務報表及董事 | | | | | 會與核數師報告。 | | | | 2. | 宣派末期股息。 | | | | 3. | (i) 重選丁斌小姐為執行董事； | | | | | (ii) 重選段林楠先生為執行董事； | | | | | (iii) 重選白力先生為非執行董事； | | | | | (iv) 重選邵梓銘先生為獨立非執行董事； | | | | | (v) 重選何萍小姐為獨立非執行董 ...

此乃要件 請即處理 閣下如對本通函任何方面或應採取之行動有任何疑問，應諮詢 閣下之股票經紀或 其他註冊證券交易商、銀行經理、律師、專業會計師或其他專業顧問。 閣下如已售出或轉讓名下所有中國水務集團有限公司之股份，應立即將本通函及隨 附之代表委任表格送交買主或承讓人或經手買賣或轉讓之銀行、股票經紀或其他代 理商，以便轉交買主或承讓人。 香港交易及結算所有限公司及香港聯合交易所有限公司對本通函之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不會就本通函全部或任何部 分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 （股份代號：855） 建議發行及購回本公司股份之一般授權、 重選退任董事、 （於開曼群島註冊成立並遷冊往百慕達之有限公司） 及 本公司之股東週年大會通告 中國水務集團有限公司（「本公司」）謹訂於二零二五年九月十九日上午十時正假座香 港灣仔港灣道18號中環廣場64樓6408室舉行股東週年大會，大會或其任何續會之通告 載於本通函第15頁至第19頁。無論 閣下會否出席本公司之股東週年大會，務請按照 隨附之代表委任表格上印備之指示填妥表格，並最遲須於大會或其任何續會指定舉 行時間前4 ...

经审核委员会推荐，董事会已决议提议于罗兵咸永道退任后委任安永会计师事务所为公司核数师。 智通财经APP讯，中国水务(00855)发布公告，公司现任核数师罗兵咸永道会计师事务所(罗兵咸永道)的 任期将于即将举行的公司股东周年大会(股东周年大会)结束时届满。据此，罗兵咸永道将于股东周年大 会退任，且不会寻求续聘。 ...

Core Viewpoint - China Water Affairs (00855.HK) announced that its current auditor, PricewaterhouseCoopers, will retire at the upcoming annual general meeting and will not seek reappointment [1] Group 1 - The board has proposed to appoint Ernst & Young as the new auditor following the retirement of PricewaterhouseCoopers [1] - The resolution for the appointment of Ernst & Young will be presented at the annual general meeting, effective from the date of the meeting until the conclusion of the next annual general meeting [1] - The board is authorized to determine the remuneration for Ernst & Young [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公佈之內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公佈全部或任何 部分內容而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 （於開曼群島註冊成立並遷冊往百慕達之有限公司） （股份代號：855） 建議更換核數師 中國水務集團有限公司（「本公司」）及其附屬公司（「本集團」）董事會（「董事會」） 宣佈，本公司現任核數師羅兵咸永道會計師事務所（「羅兵咸永道」）之任期將於即 將舉行之本公司股東週年大會（「股東週年大會」）結束時屆滿。考慮到羅兵咸永道 自截至二零一七年三月三十一日止財政年度起一直擔任本公司核數師，董事會及 本公司審核委員會（「審核委員會」）認為現時適宜進行核數師輪換，以秉持良好企 業管治及維持本公司核數師之獨立性。董事會認為，建議更換核數師符合良好企 業管治措施，有利於維持外聘核數師之獨立性及客觀性，並符合本公司及其股東 （「股東」）之整體最佳利益。 據此，羅兵咸永道將於股東週年大會退任，且不會尋求續聘。 本公司根據百慕達法例註冊成立。根據董事會所知悉，百慕達法例並無規定要求 退任的核數師確認是否有任何與其退任相關而其認為 ...

Investment Rating - The investment rating for the environmental industry is "Positive" [2] Core Viewpoints - The environmental industry has seen a surge in bond issuance in the first half of 2025, exceeding 30 billion yuan, primarily for cash replenishment and debt repayment [14][24] - The industry is characterized by a dual focus on "green" and "technological innovation" as reflected in the types of bonds issued [14] - The report highlights the ongoing market performance of the environmental sector, which has outperformed the broader market, with specific sub-sectors showing varied performance [3][6] Summary by Sections Market Performance - As of August 15, 2025, the environmental sector index rose by 1.72%, outperforming the Shanghai Composite Index, which increased by 1.70% [3][6] - The top-performing sub-sectors include solid waste management, which saw a 12.44% increase, while water governance experienced a decline of 0.96% [9][12] Industry Dynamics - Various provinces have issued and planned special bonds totaling 153.98 billion yuan to repay overdue corporate debts, showcasing proactive measures to address financial obligations [24] - The Ministry of Natural Resources released a report indicating that the existing seawater desalination projects in China will increase to 158, with a total capacity of 2.856 million tons per day, marking a 33,300 tons per day increase from 2023 [25] Company Announcements - Zhongke Environmental reported a revenue of 848.20 million yuan in the first half of 2025, a year-on-year increase of 4.48%, with a net profit of 196.26 million yuan, up 19.83% [37] - Chengfa Environment achieved a revenue of 3.216 billion yuan, with an environmental business revenue of 2.454 billion yuan, reflecting a 14.58% increase year-on-year [37] Investment Recommendations - The report suggests maintaining a positive outlook on the environmental sector, particularly in energy conservation and resource recycling, which are expected to sustain high growth [42] - Recommended companies include Hanlan Environment, Xingrong Environment, and Hongcheng Environment, with additional attention to Wangneng Environment and Junxin Co., Ltd. [42]