About DCWT Company

The issuer is a limited company co-founded by Kunming Dianchi Investment Co., Ltd., Kunming Development Investment Group Co., Ltd., Kunming Industrial Development Investment Co., Ltd., Kunming Xindu Real Estate Co., Ltd. and Kunming State-owned Assets Management and Operation Co., Ltd. on December 23, 2010, with a registered capital of 360 million yuan, with the approval of the Kunming State-owned Assets Administration Commission's “Approval to Establish Kunming Dianchi Water Co., Ltd.” (Kunguo Zifu (2010) No. 302). On December 23, 2010, the Yunnan Branch of the China Audit Asia Pacific Certified Public Accountants Co., Ltd. confirmed that the total registered capital paid by all shareholders of the issuer for the first time was 253.75 million yuan. The total registered capital paid by all shareholders of the issuer was 253.75 million yuan. The amount of capital and shareholding ratio of each shareholder is as follows: On December 27, 2012, all shareholders of the issuer fulfilled the second phase of the investment. As confirmed by the China Audit Asia Pacific Audit (2012) Yunan Branch of the Central Audit Asia Pacific Certified Public Accountants Co., Ltd., the total shareholders invested 106.25 million yuan this time, and all shareholders of the company paid all of their pledged capital contributions in accordance with the provisions of the company's articles of association. On November 24, 2015, the issuer transferred the share capital from the Provident Fund, and the registered capital increased to 720 million yuan. The amount of capital contributed by each shareholder increased in equal proportion, and the shareholding ratio remained unchanged. Announcement on July 17, 2019: Guo Yumei is the chairman and Chen Changyong is the general manager. Announcement on September 17, 2021: Guo Yumei was removed from the post of chairman, and Zeng Feng assumed the position of chairman.