Design ConCept 設計概念This cover design is themed with “Build up STrengTh for innovaTion and forge ahead for growTh”, implying that amid the challenging year 2020, everbright water is like the ball that is formed by water droplets and held by a pair of hands, concentrating its focus and gaining momentum to rise. it is poised to become a leading player in China’s water environment management sector.本封面設計以「聚力創新、砥礪奮進」為主題，寓意光大水務在挑戰重重的二零二零年，如同畫面中雙手托起、漸漸凝聚而成的水球般，聚精凝神、蓄勢而發，致力於成長為中國水環境綜合治理領域的翹楚。 34513114044913328776113428930230830101321203412913738CorporaTe profile公司簡介Senior managemenT高級管理層ConSolidaTed STaTemenT of finanCial poSiTion綜合財務狀況表noTeS To ThefinanCial STaTemenTS財務報表附註Chairman’S STaTemenT董事長致辭SuSTainaBiliTy reporT可持續發展報告STaTemenT offinanCial poSiTion of The Company本公司之財務狀況表five year Summary五年業績概要Chief eXeCuTive offiCer’S reporT總裁報告CorporaTegovernanCe reporT企業管治報告ConSolidaTed STaTemenT of ChangeS in equiTy 綜合權益變動表projeCT overview 項目概覽STaTiSTiCS of ShareholdingS 股權統計資料noTiCe of annualgeneral meeTing股東週年大會通知CorporaTe informaTion公司資料direCTorS’ STaTemenT董事會聲明finanCial highlighTS財務摘要independenTaudiTor’S reporT獨立審計師報告CorporaTe mileSToneS企業里程碑ConSolidaTed STaTemenT of ComprehenSive inCome綜合全面收益表ConSolidaTed STaTemenT of CaSh flowS 綜合現金流量表Board of direCTorS董事會成員contents目錄 annual reporT 2020 二零二零年度報告3corporate profile公司簡介an environmental protection Company foCuSing on water environment management以水環境綜合治理業務為主業的環保集團中國光大水務有限公司（「光大水務」或「本公司」，連同其附屬公司統 稱「本集團」）是以水環境綜合治理業務為主業的環保集團，為新加坡證券交易所有限公司（「新交所」）及香港聯合交易所有限公司（「聯交所」）主板 上市公司（股份代號：U9E.SG及1857.HK）， 直接控股股東為中國光大環境（集團）有限公司（原中國光大國際有限公司）（股份代號：257.HK，「光大環境」）。本公司已實現原水保護、供水、市政污水處理、工業廢水處理、中水回用、流域治理及污泥處理處置等全業務範圍覆蓋，精專於項目投資、規劃設計、科技研發、工程建設、運營管理等業務領域，形成水務行業全產業鏈佈局。業務分佈於中國華東、華中、華南、華北、東北及西北地區，包括北京、天津、江蘇、浙江、山東、陝西、河南、湖北、廣西、遼寧、內蒙古等省市自治區。於二零二零年十二月三十一日，本公司投資建設及運營管理的水處理項目設計規模逾650萬立方米/日。在經驗豐富的管理團隊的帶領下，本公司將緊抓行業機遇，全力以赴，致力成為中國水務行業的翹楚。china everbright water limited (“everbright water” or the “company”, together with its subsidiaries, the “group”) is an environmental protection company focusing on water environment management. The Company is listed on the mainboard of Singapore exchange Securities Trading limited (“SgX” or “SgX-St”) and the main Board of The Stock exchange of hong Kong limited (the “SeHK”) (stock codes: u9e.Sg & 1857.hK), with its direct controlling shareholder being China everbright environment group limited (formerly known as China everbright international limited) (stock code: 257.hK, “everbright environment”).The Company has developed a full-fledged business coverage, which includes raw water protection, water supply, municipal waste water treatment, industrial waste water treatment, reusable water, river-basin ecological restoration, and sludge treatment and disposal. meanwhile, the Company has formed a full industry chain on the water business, including project investment, planning and design, technological research and development (“r&D”), engineering and construction, operations management, and etc. The Company’s geographical footprint spans across east, Central, South, north, northeast and northwest China, including Beijing, Tianjin, jiangsu, Zhejiang, Shandong, Shaanxi, henan, hubei, guangxi, liaoning and inner mongolia. as at 31 december 2020, the Company invested in and operated water treatment projects with a designed daily water treatment capacity exceeding 6.5 million m3. with the experienced management team, the Company will seize opportunities and strive to emerge as a leader in the water industry of China. China everBrighT waTer limiTed中國光大水務有限公司4in 2020, amid the complex and challenging external environment, everbright water adhered to its operating philosophy of “purSuing STaBiliTy wiTh good progreSS and SeeKing opporTuniTieS amid ChangeS”, continued to forge ahead in development and achieved STeady operating results.董事長致辭chairman’s statementMr. Wang tianyi 王天義先生Non-Executive Director and Chairman非執行董事兼董事長二零二零年，光大水務在錯綜複雜、充滿挑戰的外部環境中， 圍繞「穩中求進、變中求機」的經營理念，堅定前行、砥礪奮進，取得了穩健的經營業績。 annual reporT 2020 二零二零年度報告5Dear Shareholders,the year 2020 was an exceptional year. in 2020, the novel coronavirus (“coviD-19”) spread rapidly across the world with most countries being hit hard by the pandemic, the road to global economic recovery will be long and challenging. however, thanks to effective pandemic prevention and control measures, various industries in China took lead in resuming work and production and China became the only major economy in the world that achieved positive economic growth. The country also won the battle of “targeted poverty alleviation” and successfully completed the “13th five-year plan”.the year 2020 was a year to learn from the past and prepare for the future. in 2020, China accompl