Kangda International Environmental Company Limited Reports Earnings Results for the Full Year Ended December 31, 2022

Kangda International Environmental Company Limited is an investment holding company principally engaged in the constructions and operations of wastewater treatment business in China. The Company operates its business through three segments. The Service Concession Arrangements segment is engaged in the design, construction, upgrade and operation of wastewater treatment plants (WTPs) under the Build-Operate-Transfer (BOT) arrangements and the operation of WTPs under the Transfer-Operate-Transfer (TOT) arrangements. The Build-Transfer (BT) Arrangements segment is engaged in the design and construction of municipal infrastructures or infrastructures related to WTPs. The Others segment is engaged in the provision of operation and management (O&M) services, construction services related to other construction service projects and operation services for other water treatments.