Listed on the Singapore Exchange in 2005, Asia Water Technology Ltd. ("Asia Water") is a water treatment specialist, providing comprehensive and integrated engineering solutions for water purification and wastewater treatment systems. These solutions include the designing, procurement, installation, commissioning and management of water purification and wastewater treatment systems.
Asia Water conducts its business primarily in the People's Republic of China (the "PRC") through its subsidiary, Wuhan Kaidi Water Services Co., Ltd. ("Kaidi Water"). Kaidi Water, incorporated in 1996, possesses its own patented core technologies and works closely with leading international technology partners to develop customised and automated water purification and wastewater treatment systems.
Asia Water has more than a decade of track record in supplying water purification treatment systems to the power generation industry. We have achieved several milestones in the industry, having supplied for Huaneng Yuhuan Power Project — which has the largest installed power capacity back in 2004 — and is one of the only three licensed water purification treatment system providers for nuclear power plants in the PRC.
Leveraging on its strong technological expertise, Asia Water has diversified rapidly into the tap water purification industry and has secured major municipal projects in Hubei, Shanxi and Anhui provinces. The Group currently derives its revenue from five main business segments – power plant EPC, municipal EPC, water purification treatment, wastewater treatment and consultancy works. In the wastewater treatment segment, Asia Water has built a strong portfolio of Build-Operate-Transfer ("BOT") and Transfer-Operate-Transfer ("TOT") projects in central China. Supplying mainly to municipal governments and major industrial areas, these long-term projects provide the Group with a stable and growing recurring income base.
China's huge appetite for electricity and increasing need to treat wastewater to curb its water shortages and pollution problems continues to present good long term growth opportunities for Asia Water. Our core technologies are also highly scalable, allowing us to expand our competencies into other related industries in the water sector, such as seawater desalination.
Backed by our proven track record, technical expertise, and a firm commitment to quality and the protection of the environment and the preservation of the world's precious water resources, Asia Water is poised to ride on the waves of progress in the water industry.