China Water Affairs Group Ltd. issued a supplemental announcement to its 9 February 2026 renewal of continuing connected transactions, providing additional explanation for setting the proposed annual caps. The company said utilisation of existing caps and transactions with the JV company fell after FY2024 due to a scaled-back pipeline direct drinking water expansion plan, a cancelled spin-off, and a weak Mainland property market, but it kept the proposed caps at RMB40 million per year for the next three years to allow for potential demand recovery and long-term growth.

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