About Tianjin Capital Environmental Protection Group Company

The company's predecessor was Tianjin Bohai Chemical (Group) Co., Ltd. Bohai Chemical was incorporated in Tianjin, People's Republic of China (“China”) on June 8, 1993. Shares listed on the Hong Kong Stock Exchange Limited (“H shares”) were listed and traded in May 1994, and shares listed on the Shanghai Stock Exchange (“A shares”) were listed and traded in June 1995. The company's main business consists of basic business and strategic new business. The basic business includes business in the fields of municipal sewage treatment, water supply, reclaimed water, etc., and is the main source of the company's revenue and profit; the new strategic business mainly includes the dual carbon new energy business, which mainly focuses on new energy cooling and heating, and photovoltaic power generation, and solid waste business, which mainly focuses on sludge disposal, resource utilization, and hazardous waste business. In addition, it also includes businesses such as transformation of scientific and technological achievements and asset light. The new strategic business complements the basic business structure.