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Environmental Opportunity

Date:09-08-2023

Environmental Opportunity

The Company has integrated the concept of green development into itsbusiness, and remains keenly aware of relevant opportunities. Throughsystematic identification, the Company spares no effort in green planningand construction, clean energy development and construction of theenvironmental protection industry, contributing to the construction ofecological civilization.

 Green planning and construction

Green planning: The Company implements the national guidelines andpolicies regarding energy conservation and emission reduction, andthoroughly practices the concept of green development. In addition tointroducing a full life cycle green design mode, the Company organizesthe preparation of the Carbon Peak Action Plan of China Railway GroupLimited which explicitly outlines the carbon peak action objectivesstrategies, key tasks, and major projects of CREC and integrates theconcept of green and low carbon throughout engineering planning anddesign, to control energy consumption at the source
Green construction: The Company puts a high value on tackling hardnut problems and playing a role of pilot in green science and technologyof construction projects. lt carries out research on key technologies suchas green construction technology, low-carbon assessment technologyand low-carbon energy operation management system, and promotesthe application of energy-saving and low-carbon technology. TheCompany evaluates demonstration projects of green constructiontechnology and energy-saving and low-carbon technology, andpromotes construction through the evaluation. As a result, remarkableresults are achieved in green and low-carbon construction.

Clean energy development

The Company has participated in the development clean energy, andresearched and promoted the use of clean energy technologies such asground source heat pumps (GSHPs), photovoltaic power generation.combined cooling,heating and power (CCHP),and air energy inconstruction projects. In the development and operation of constructionprojects and real estate development, we enable clean energy technologie!and resource use platforms to complement each other with their respectivestrengths. We work to see that the developed construction projects reacradvanced levels in the fields of clean energy development and utilizationenergy conservation, ecological environmental protection, central heatingand cooling, etc.

 Participation in environmental protection industry

The Company believes that in the context of the global low-carboneconomic transformation, clean technology and environmental protectionindustries will have favorable development prospects and businessopportunities.China Railway Construction Group Co., Ltd., CREC'sconglomerate in the water and environmental protection industry, has fivesub-professional companies in water, municipal environmental protectiorconstruction, smart cities, ecological environment, and green resourcedevelopment.In 2022, the Company undertook several environmentalorotection projects for water treatment such as the Beihu SewageTreatment Plant and the Yangtze River Sha Lake Water Environmentmprovement Project; generally contracted water improvement projectslike the Dujiangyan water supply and drainage system upgrading project,Pingxiang urban area drainage system project, Dangshan County urbanand rural water supply integration project, and Shenqiu County urban andrural water supply integration project. Furthermore, it contractedcomprehensive treatment projects like the sponge city constructionproject of Yingtan Xingjiang New District integrating factories, networkrivers, lakes and parks, the first phase of the sewage treatment systemtreatment project in the central urban area of Baise city, and theengineering design and construction integration project of the Jiahe Riveldredqing project in Yantai city. The Company also invested in researchingand developing "oxidation technology with iron-based catalyst catalyzingozone" and acid production technology from hydrolytic kitchen wastes asa carbon source for sewage plants providing technical support for greenenvironmental projects. Going forward, we will continue to expand ourinvestment in this sector, to contribute our share to ecologicalenvironmental protection and infrastructure construction.

Tackling climate change

Paying close attention to global climate change trends and the impact onbusiness, the Company actively adopts measures relating to energyconservation and emission reduction and invests in the use of cleanenergy, to reduce its own greenhouse gas emissions
For environmental emergencies, such as earthquakes, typhoons, mudslidesfloods and other natural disasters or significant climate change that haveaffected or may affect the Company's construction, the Company hasformulated the Emergency Plan for Safety, Quality, Ecological Environmentand Disaster Accidents (Events). There are clear and standardizedquidelines for danger source identification, risk analysis, prevention, earlywarning, emergency response, aftercare, emergency support, training anddrills, etc.
For long-term climate change, the Company vigorously expands businessareas such as urban renovation with “ecological restoration and urbanrepair" as its main content, sponge cities and comprehensive managementof seashore coastlines, and adapts to problems including urbanenvironment changes possibly caused by climate change.