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Everbright Water nabs two awards, boosts governance ranking in Singapore

November 10, 2025 at 05:03 PM UTCBy FilingReader AI

China Everbright Water Limited garnered two prestigious awards in Singapore's capital markets: "Highest Weighted Return on Equity Over Three Years" and "Overall Sector Winner" in the Utilities Sector under the Centurion Club. These awards are part of the Billion Dollar Club annual awards organized by The Edge Singapore, which evaluate companies based on financial metrics. This marks continued recognition for Everbright Water, which first received an award in the Services Sector in 2019.

Additionally, Everbright Water significantly improved its ranking in the 2025 Singapore Governance and Transparency Index (SGTI), rising from 237th place in 2021 to 49th in 2025. The SGTI assesses corporate governance practices and transparency across listed companies, REITs, and business trusts. This upward trajectory underscores the company’s commitment to high standards of governance and transparent disclosure.

Mr. Xiong Jianping, executive director and CEO, emphasized that these recognitions affirm Everbright Water's strategic focus, operational efficiency, and commitment to sustainable development through sound governance and disciplined disclosure. The company aims to continue delivering stable returns to shareholders by strengthening its core competitiveness and optimizing capital allocation.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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