CEB WATER(01857): CEB Water has been honored with two authoritative recognitions in the Singapore capital market.

CEB WATER (01857) announced that CEB WATER Limited, an environmental protection group specializing in comprehensive water environmental management services, has recently received two important honors in the Singapore capital market. The company was awarded the "Highest Annual Return on Equity Award" and the "Industry Excellence Award" in the "Centurion Club" Public Utilities category in the annual series selection of the "Billion Dollar Club" organized by the authoritative financial media "TheEdgeSingapore". Additionally, the company has risen to 49th place in the 2025 Singapore Governance and Transparency Index (SGTI). These honors demonstrate the high recognition of the Singapore market for CEB Water in terms of corporate governance, business development, and overall competitiveness. The annual series selection of the "Billion Dollar Club" was launched by "TheEdgeSingapore" in 2017 to recognize outstanding companies listed on the Singapore Exchange and provide valuable references to investors. The selection of the "Centurion Club" primarily evaluates the annualized return of companies over the past three years, weighted return on equity, and annual net profit growth, covering 13 industry sectors including financial services, energy, real estate investment trusts, technology, utilities, real estate, and healthcare. CEB Water was previously awarded the "Best Enterprise" in the "Centurion Club" services industry in 2019 and has once again been selected this year, winning two honors, highlighting the company's comprehensive strength in capital return, operational efficiency, and industry competitiveness. The 2025 Singapore Governance and Transparency Index is jointly released by the Singapore Institute of Directors, the National University of Singapore Business School's Centre for Governance and Sustainability, and the Institute of Singapore Chartered Accountants. It covers a total of 467 Singapore-listed companies and 42 trusts, comprehensively evaluating the transparency of corporate governance and public information disclosure. The evaluation is based on five criteria: board responsibilities, shareholder rights, environment, social and governance and stakeholder interests, accountability and audit, and transparency of public information disclosure. With continuously optimized corporate governance and compliance disclosure levels, CEB Water has steadily risen from 237th place in 2021 to 49th place in 2025. Mr. Xiong Jianping, the Executive Director and President of CEB Water, stated, "We are honored to be recognized by the Singapore capital market for our governance and overall performance. This is not only a validation of CEB Water's ability to maintain strategic stability and continuously improve capital and operational efficiency in a complex environment, but also an affirmation of our commitment to high standards of governance and transparent disclosure. The company has always regarded sound governance and compliant disclosure as the cornerstone of sustainable development, emphasizing quality first and steady development. Through a balanced business model, refined operations, and continuous innovation, we will continuously consolidate our core competitiveness and create stable returns for shareholders. In the future, CEB Water will uphold this recognition and further deepen governance system construction, optimize capital allocation, enhance the innovative connotation and development quality of water business, and strive to create sustainable long-term value for shareholders, employees, customers, and other stakeholders."