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China Everbright Water (01857) established a new joint venture company, Jinan Qibuqu Guangshui Wastewater Treatment Co., Ltd., to implement a wastewater treatment PPP project in Jinan, Shandong, China. The joint venture has registered capital of approximately 105 million yuan, with China Everbright Water and its subsidiary holding 85%, China Construction Eighth Bureau (Xiamen) Construction Co., Ltd. holding 10%, and Jinan Pilot Investment Group Co., Ltd. holding 5%.