QJSL: The holding subsidiary invests 143 million yuan to improve water quality

QJSL announced that its controlling subsidiary, Yongkang Qianjiang Water Co., Ltd., will invest RMB 143 million in the Nanshan Water Plant water quality improvement project. The project was approved at the temporary meeting of the 12th session of the 8th board of directors on February 10, 2025. The internal rate of return on the project's capital is 6.82%. The project aims to improve the quality of urban water supply to meet people's demand for high-quality water. The funding source is self-raised by Yongkang Company. The project faces risks related to construction costs, service fee reductions for upgrading, and schedule risks