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Everbright Water Announces the Appointment of Xiong Jianping as CEO of the Company and Establishment of the Sustainability Committee

Singapore and Hong Kong, 24 July 2025 – China Everbright Water Limited (“Everbright Water” or the “Company”; stock codes: U9E.SG and 1857.HK), an environmental protection company focusing on water environment management, is pleased to announce the appointment of Mr. Xiong Jianping as an executive director and chief executive officer of the Company (the “CEO"), succeeding Mr. Tao Junjie, who has stepped down from both positions. In addition, the Company announces the establishment of a sustainability committee under the board of directors (the “Board”) to oversee the management of environmental, social, and governance (“ESG”) matters, and evaluate and recommend to the Board on issues associated with the Group’s sustainability and ESG performance. Mr. Xiong Jianping has also been appointed as the chairman of the committee. The above changes came into effect on 24 July 2025.

Mr. Xiong has extensive experience in project investment and corporate management. Prior to his appointment as the executive director and CEO of the Company, he served as the General Manager of the Operation, Safety and Environmental Management Department of China Everbright Environment Group Limited (“Everbright Environment”, stock code: 0257.HK). Mr. Xiong had also served as the General Manager of several project companies and both the Hangzhou and Suzhou Regional Management Centres of Environmental Energy Sector of Everbright Environment. He was formerly the Vice President of Everbright Environmental Protection (China) Limited (a wholly-owned subsidiary of Everbright Environment), and the Deputy General Manager of the Investment and Development Department of China Everbright International Limited (now known as Everbright Environment). Prior to joining Everbright Environment, Mr. Xiong worked at Shanghai Aerospace Energy Limited (now known as Shanghai Aerospace Energy Company Limited). Mr. Xiong holds a Master’s degree of Business Administration in Management from Institut des Hautes Etudes Economiques et Commerciales (INSEEC) in France. He also holds the title of Intermediate Engineer in China.

Mr. Xiong Jianping, said, “I am deeply honoured to join Everbright Water and take on the role of CEO. In recent years, under the leadership of Chairman Mr. Luan Zusheng and the former CEO Mr. Tao Junjie, the management team and all employees have demonstrated remarkable unity and dedication, driving the Company’s steady growth and reinforcing its position as an industry leader. I am confident and optimistic about the long-term prospects of the environmental protection industry. Leveraging my industry experience, I will work in close collaboration with the Board members, the management team, and all employees to shape the next chapter of Everbright Water’s journey. Together, we will strive to honour the trust placed in us by our shareholders by delivering solid performance, taking more decisive actions to fulfil our social responsibilities, and contributing greater value to the sustainable development of the industry.”

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