Beijing Enterprises Water

Beijing Enterprises Water Group is a flagship enterprise under Beijing Enterprises Holdings Limited, dedicated to water resource recycling and water ecological environment protection. Integrating industrial investment, design, construction, operation, technical services, and capital operation, Beijing Enterprises Water is a comprehensive, full-industry-chain, leading professional water environment service provider. Its business covers municipal water, watershed water, industrial water, rural water, desalination, as well as sanitation and solid waste, technology services, financial services, and clean energy. As a listed company on the Main Board of the Hong Kong Stock Exchange (red-chip stock, stock code: HK 00371), Beijing Enterprises Water has been selected as a constituent stock of the Hang Seng China-Affiliated Corporations Index, Hang Seng China 100 Index, Hang Seng Composite MidCap Index, MSCI indices, and is among the first batch of pilot units for the Shanghai-Hong Kong Stock Connect. In 2016, Beijing Enterprises Water achieved annual revenue of over HK$17.3 billion, a year-on-year increase of 29%, and net profit attributable to the parent company of over HK$3.2 billion, an increase of 31% year-on-year. (In the first half of 2017, revenue exceeded HK$9.1 billion, with net profit attributable to the parent company exceeding HK$1.9 billion.) As of June 30, 2017, total assets exceeded HK$87.7 billion, and it owns 544 water plants (including sewage treatment plants, waterworks, reclaimed water treatment plants, and desalination plants) nationwide and overseas. Beijing Enterprises Water Group has ranked first in the "Top Ten Influential Water Enterprises in China" for seven consecutive years; at the 2014 Global Water Summit, it was the only Chinese water enterprise selected as one of the world's top four water companies of the year; in 2016, the Singapore Changi project won the annual "Best Water Deal" award; from 2016 to 2017, it has been listed in the Fortune China 500 for two consecutive years; in addition, it has won awards such as "Listed Company with the Most Brand Value" and "Listed Company with the Strongest Social Responsibility." Beijing Enterprises Water's key business areas include: municipal water, comprehensive water environment management, sanitation and solid waste treatment, industrial water, rural water, overseas business, desalination, technology services, financial services, and clean energy. Its representative influential projects in China's environmental protection field include: Beijing Daoxiang Lake Underground Reclaimed Water Plant, Shenzhen Hengling Sewage Treatment Plant, Luoyang Urban Comprehensive Water Project, Tongzhou Beijing Municipal Administrative Center Water Environment Treatment PPP Construction Project, Baotou Urban Water Ecology Improvement Comprehensive Utilization PPP Project, Chifeng Central Urban Area Flood Control and River-City Water System Treatment Project PPP Project, Beijing Liangshui River Environmental Comprehensive Treatment Project, Luoyang Luohe River Water System Comprehensive Improvement Project, Guiyang Nanming River Water Environment Comprehensive Treatment Project, Malaysia Kuala Lumpur Pantai II Sewage Treatment Plant Project, Singapore Changi II Newater Plant DBOO Project, four franchise and multiple industrial service projects in Portugal, Hebei Yuxian Ground-mounted Photovoltaic Power Station Project, million-ton desalinated seawater into Beijing project, and Sansha City desalination project. As a leading enterprise in China's environmental protection industry, Beijing Enterprises Water adheres to the corporate philosophy of "government rest assured, citizens satisfied, enterprises profitable, employees benefited, and partners win-win." In recent years, it has implemented the strategy of rapid development and second entrepreneurship, seizing market rapid growth opportunities, continuously expanding incremental business, and insisting on the mutual coordination of municipal water and comprehensive water environment treatment as two main businesses. Facing vast industry prospects and rapidly changing market conditions, Beijing Enterprises Water Group will continue to leverage its strengths, including smooth capital financing channels, efficient governance models, excellent qualifications, advanced technology R&D capabilities, and government background resources. Through continuous adjustment and transformation, organizational reform, process reengineering, brand building, and corporate culture reshaping, it will seize favorable opportunities, vigorously implement ecological strategies, actively explore business model innovations, and rapidly develop into a leading professional water environment service provider. Beijing Enterprises Holdings is an important investment and financing platform for Beijing's capital infrastructure and public utilities. Under it, there are nine Hong Kong-listed companies including Beijing Enterprises Holdings, Beijing Enterprises Water, Beijing Enterprises Environment Group, Beijing Properties, and China Gas, as well as two A-share listed companies, Yanjing Beer and Huiqian Beer. In terms of revenue, total assets, and profits, it ranks among the top three state-owned enterprises in Beijing and ranked 194th in the "2016 China's Top 500 Enterprises," making it China's largest public utility enterprise.