What is the nature of Wenshan Water Investment Co., Ltd.?

Wenshan Water Industry Investment Co., Ltd. is a state-owned modern water enterprise established by Yunnan Water Industry Development Investment Co., Ltd. (the controlling party) and wenshan city Urban and Rural Development Investment Co., Ltd. with a registered capital of 50 million yuan according to the requirements of the provincial party committee and the provincial government for the treatment of "two pollutants" (sewage and garbage) in the province and the approval of the people's government of Jingwenshan City.