China Everbright Water (U9E) said on Dec, 11 2025 that it has entered into six new framework agreements with parent China Everbright Group and major shareholder China Everbright Environment to govern recurring related-party transactions for the three years from Jan, 1 2026 to Dec, 31 2028.

The agreements cover: 1) Deposit services; 2) Loan services; 3) Underwriting and advisory services; 4) Sludge and hazardous-waste treatment services; 5) Property leasing; and 6) Employee health-insurance and welfare services.

Proposed annual caps include: • Daily maximum deposit balance (including interest) of about 26 million Singapore dollars each year. • Daily maximum loan balance (secured facilities) of about 26 million Singapore dollars each year. • Underwriting and advisory fees capped at roughly 3.5 million Singapore dollars per year. • Sludge and hazardous-waste treatment services capped at about 29 million Singapore dollars per year. • Property leasing payments capped at around 2.4 million Singapore dollars per year. • Employee health-insurance and related services capped at about 4.8 million, 5.5 million and 6.5 million Singapore dollars for 2026, 2027 and 2028, respectively.

Because the counterparties are deemed connected persons under Hong Kong’s listing rules, the transactions are classified as continuing connected transactions. The applicable percentage ratios are above 0.1% but below 5%, so the deals require announcement and annual review but are exempt from shareholder circular and independent shareholders’ approval.

China Everbright Water said the arrangements—renewed under the shareholder-approved interested-person transaction mandate granted at its Apr, 23 2025 annual general meeting—are on normal commercial terms and are expected to provide operational efficiency and cost benefits.