China Everbright Water Limited announced that the Company has completed the issuance of the 2023 first tranche MTNs with a principal amount of RMB 1,000,000,000 (the "2023 First Tranche MTNs") to the Institutional Investors. Name of 2023 First Tranche MTNs,: China Everbright Water Limited First Tranche Medium Term Notes 2023 (Z Zhong Guo Guang Da Shui Wu You Xian Gong Si 2023Nian Du Di Yi Qi Zhong Qi Piao Ju) (Abbreviation: 23Guang Da Shui Wu You Xians Gong Si) (Abbreviation:23Guang Da Shui Wu Xian Gong Si) (Abbrebreviation: 23GuangDa Shui Wu Xian GongSi) (Abbreviation: 22Guang Da Shui Wu MTN001; Code: 102380899), Size of Issue,: 13 April 2023 and 14 April 2023, Interest Commencement Date, 17 April 2023, Term,: Five years (with an interest rate adjustment option to be exercised by the Company and a resale option to be exercised by the noteholders at the end of the third interest-bearing year), redemption Date, 17 April 2028 (if the noteholders exercise the resale option at the end of the thirdinterest-bearing year, then the principal for the portion of resold MTNs shall be payable on 17 April 2028 (or if any such date falls on a statutory holiday in mainland China, it shall be postponed to the following trading day), Issue Price (with face value of RMB 100),:, RMB 100 per MTN, Interest Rate,: 3.20%, Use of Proceeds,: To replenish the working capital of the Company's subsidiaries.