Chongqing Water Affairs: The affiliated company plans to acquire sewage treatment project assets worth 3.82 billion yuan.

Chongqing Water Affairs announced that the 22nd meeting of the sixth board of directors was held on December 12, 2025, and approved the acquisition of the sewage treatment project and related transactions. The company, including Chongqing Haoyang Water Works Construction Management Co., Ltd., plans to acquire the assets and related debts of the Phase II expansion project of 3 sewage treatment plants constructed by Chongqing Water Affairs Environmental Holding Group. The transaction pricing is based on the evaluation value, with a net asset evaluation value of 382 million yuan, and the transaction price is determined accordingly. Director Zheng Rubin abstained from voting on this proposal, which still needs to be submitted for shareholder approval. In addition, the meeting also approved the proposal to convene the 2025 fifth interim shareholders' meeting.