NBD AI Bulletin -- Beijing Originwater Technology Co., Ltd (SZ 300070, close price: 7.62 yuan) on February 28 announced that the Company provides guarantee for holding subsidiary Mile Originwater to raise funds of 365 million yuan. As of the date of the announcement, the Company and its controlling subsidiaries have offerred 31,688,497,700 yuan guarantee, representing 157.38% of the Company's audited net assets at the end of 2019.

The 2020 semi-annual report shows that the main business of Beijing Originwater Technology is environmental protection and water treatment, municipal service industry, accounting for 80.21%, 19.79% of revenue, respectively.

Beijing Originwater Technology's chairman is Wen Jianping, male, 59, bachelor of agriculture at Central South University of Forestry and Technology, master of ecology at Central South University of Forestry and Technology, doctor of engineering at University of New South Wales, Australia, senior engineer, Chinese national, without overseas permanent residency. Beijing Originwater Technology's general manager is Dai Richeng, male, 57, with a master's degree in environmental engineering at Nanjing University of Science and Technology and doctor of environmental engineering at Tsinghua University.

(By Gao Han)

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