Shanghai Industrial Environment Holdings Co., Ltd. (“Shangshi Environmental” for short, stock code: BHK.SG, 807.HK) is a comprehensive enterprise with a leading position in China's water and environmental protection markets. The main business involves sewage treatment, water supply, sludge treatment, solid waste incineration power generation and other environmental protection related fields. The company is headquartered in Singapore and listed on the main board of the SGX. In 2018, it successfully entered the main board market of the Hong Kong Stock Exchange. The controlling shareholder of Shangshi Environmental is Shanghai Industrial Holdings Limited (“Shangshi Holdings” for short, HKEx stock code: 363.HK). It was founded in 1996 and has infrastructure, real estate and consumer goods as its core business. China Energy Conservation and Environmental Protection Group Co., Ltd. (“China Energy Saving” for short), an important strategic investor of the Company, is a central enterprise whose main business is energy saving and environmental protection, which was restructured and established in 2010 with the approval of the State Council. Shangshi's environmental business is developing rapidly, growing rapidly in scale, and its share of the environmental protection market in China is constantly increasing. Shangshi Environmental is an active investor and operator in the environmental protection industry, and has been operating in China for more than 15 years. Currently, the company has about 245 sewage treatment and water supply projects, 5 solid waste incineration power generation projects, and 14 sludge treatment projects, covering 20 provinces, municipalities directly under the Central Government and special administrative regions of China, namely Shandong, Guangdong, Hubei, Hunan, Jiangsu, Shanghai, Zhejiang, Jiangxi, Anhui, Fujian, Guangxi, Ningxia, Henan, Liaoning, Inner Mongolia, Shanxi, Sichuan, Jilin, Heilongjiang and Macau Special Administrative Regions. With the Group's unique strategic positioning and business model, Shangshi Environmental will continue to expand its water and solid waste business, and actively seek market opportunities in other environmental protection fields, such as industrial wastewater treatment, seawater desalination, sludge treatment, soil restoration, renewable energy, water treatment technology and pollution prevention. The Group is committed to continuously expanding its market share, increasing scale and efficiency, and consolidating its leading position in the first tier of the water and environmental protection industry in China.