Hunan Urban and Rural Environmental Water Co., Ltd.

Hunan Rail Transit Industry Investment Co., Ltd. is a secondary subsidiary of Hunan Rail Transit Holding Group Co., Ltd., established on August 17, 2018, with a registered capital of 500 million yuan. The company currently has three business segments: First, the rail transit industry equity investment segment, actively investing in rail transit-related industries, prioritizing investment in advanced rail transit equipment manufacturing, and collaborating with the maglev center to convert its patents and proprietary technologies into concrete products and economic benefits through equity investment; Second, the new urbanization construction segment, taking urbanization construction as an opportunity to cooperate with central state-owned enterprises or provincial state-owned enterprises with investment, construction, and operation experience, striving for projects such as sewage treatment and waste incineration power generation in various cities and prefectures, participating in PPP projects with operational fees, adopting the PPP+EPC project operation model to build diversified assets; Third, the new energy segment, comprehensively utilizing and developing existing marginal and corner land along railways and expressways, slopes, stations, station canopy roofs, service areas, tunnels, and other resources for photovoltaic new energy construction and contract energy management, etc.
The company has a controlled project company, Anxiang County Urban Investment Water Co., Ltd., which was officially registered and established on July 15, 2019, with a registered capital of RMB 25.373 million yuan. The company currently operates and manages the Anxiang Chengxi Sewage Treatment Plant and the Huangshantou Sewage Treatment Plant, and will subsequently increase investment in urban and rural sewage treatment and tap water supply projects in Anxiang County to serve the county's economic development.