Brief introduction of Chongqing Water Group Co., Ltd.

In June 2007, Chongqing State-owned Assets Supervision and Administration Commission changed Chongqing Water Holding (Group) Co., Ltd. from a wholly state-owned company to a state-owned holding company with two shareholders. Before the establishment of the company, the shareholders of Chongqing Water Holding (Group) Co., Ltd. were: (1) Chongqing Water Asset Management Co., Ltd., with a shareholding ratio of 85%; (2) Chongqing Suyu Industrial Development Co., Ltd., with a shareholding ratio of 15%. In August 2007, the shareholders' meeting of Chongqing Water Holding (Group) Co., Ltd. passed a resolution, agreeing to convert the book value of the audited net assets on June 30, 2007 into 4.3 million shares and change it into Chongqing Water Group Co., Ltd. as a whole. Among them, water asset management company holds 3.655 million shares, accounting for 85% of the total share capital; Suyu Company holds 645 million shares, accounting for 15% of the total share capital. On September 6, 2007, our company obtained the Business License of Enterprise as a Legal Person issued by Chongqing Administration for Industry and Commerce. The Company is engaged in the production and sale of tap water, the collection and treatment of urban sewage and the construction of water supply and drainage facilities through holding subsidiaries, joint ventures and associated enterprises. According to the document "Reply of Chongqing Municipal People's Government on Granting Water Supply and Drainage Franchise to Chongqing Water Group Co., Ltd." (Yufu [2007] 122), the Company and the water supply and drainage enterprises controlled by the Company specialize in water supply and drainage business and are responsible for the construction of water supply and drainage facilities in the franchise area. The franchise period is 30 years from the date of the establishment of the joint-stock company. After the franchise expires, the company can report to the Chongqing Municipal Government to extend the franchise period. If the overall service quality and service price level of the enterprise are obviously superior to other similar enterprises, the municipal government will give priority. This group is the largest comprehensive water supply and drainage enterprise in Chongqing. As of June 65438+February 3, 20091day, the Group had 28 waterworks officially put into operation, with the designed water supply capacity of 1.43 million cubic meters/day. There are 36 sewage treatment plants with a designed sewage treatment capacity of 65,438+0,683,000 m3/day.