Beijing Enterprises Water Group Limited has announced the issuance of 2025 Medium-Term Notes Series 2 (the 「2025 Notes」), following an approval obtained in June 2025 for the unified registration of debt financing instruments amounting to RMB15,000,000,000. The 2025 Notes will be issued in China with a principal amount of RMB2 billion, comprising a 3-year tranche (type 1) and a 5-year tranche (type 2). Proceeds are intended to repay loans from financial institutions outside Chinese Mainland.

Offering circulars and related documents for the 2025 Notes will be published on the websites of China Money and Shanghai Clearing House. The final terms, interest rates, principal, and use of proceeds from the 2025 Notes issuance will be governed by the offering circular issued at the time of the launch.

According to Rule 13.18 of the Listing Rules, a change of control could require potential redemption of the 2025 Notes if holders do not grant a waiver. Such a change could occur if Beijing Enterprises Group Company Limited (BEGCL) owns less than 35% of voting rights, ceases to supervise Beijing Enterprises Water Group Limited, ceases to be its single largest shareholder, or if the nominees of BEGCL no longer form the majority of the board. Beijing Enterprises Water Group Limited will continue to comply with ongoing disclosure obligations under Rule 13.21 of the Listing Rules.