Beijing Enterprises Water Group Limited (BJ ENT WATER; stock code: 00371) has received approval from the National Association of Financial Market Institutional Investors (NAFMII) for the unified registration of up to RMB15.00 billion in debt financing instruments, granted in June 2025.

Leveraging this quota, the company will issue its 2026 Medium-Term Notes Series 3 in mainland China with a principal amount of RMB1.20 billion and a tenor of five years. Net proceeds are earmarked for repayment of offshore bank loans and servicing onshore bond interest. The final terms— including coupon, detailed use of funds and other key conditions—will be confirmed in the offering circular to be released on the ChinaMoney (www.chinamoney.com.cn) and Shanghai Clearing House (www.shclearing.com.cn) websites at issuance.

Under Hong Kong Listing Rule 13.18, the company disclosed that a “change of control” would trigger a potential redemption of the notes. Such a change occurs if any of the following situations arise:

• Beijing Enterprises Group Company Limited (BEGCL) directly or indirectly holds less than 35 % of BJ ENT WATER’s voting rights; • BEGCL ceases to supervise the company; • BEGCL is no longer the single largest shareholder (directly or indirectly); or • BEGCL’s nominees no longer constitute the majority of the board.

BJ ENT WATER confirmed it will comply with the ongoing disclosure obligations under Listing Rule 13.21 for as long as these circumstances remain applicable.