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Amidst recurrent floods, China's infrastructure has encountered significant hurdles, prompting the nation to initiate comprehensive plans for the restoration and reconstruction of flood control engineering facilities. Notably, by the close of 2023, the National Development and Reform Commission plans to inject trillions of treasury bonds specifically towards supporting the rehabilitation and reconstruction of flood-damaged facilities in the Beijing-Tianjin-Hebei region post-disasters. Responding promptly, Beijing has swiftly initiated plans to roll out 100 flood control projects, encompassing water damage restoration endeavors, within the first quarter of 2024.

In response to this significant national strategic imperative, ZEHO ECO prioritizes the Beijing region, harnessing its local strengths to forge close partnerships with local governments, state-owned enterprises, and technology firms. Together, they aim to expedite the expansion of water-related businesses.

To better understand the intricacies of water management construction requirements in Beijing, ZEHO ECO has recently engaged in extensive communication and reporting sessions with pertinent departments such as the Ecology and Beijing Municipal Water Bureau. Leveraging our ecological concepts, technical systems, numerical traceability model technology, and intelligent decision-making quantitative evaluation capabilities, we have established a comprehensive agreement on cooperation across various domains, including flood storage and detention areas, rivers, lakes, wetlands, and small watershed construction. This collaboration sets a sturdy groundwork for the future expansion of our water management business.

Simultaneously, ZEHO ECO has entered into a strategic cooperation agreement with Beijing Jinhe Water Group, drawing upon the technological prowess of the National Engineering Laboratory and its robust capabilities in ecological environment governance. This collaboration seeks to amalgamate the strengths of both entities in terms of funding, resources, technology, and management. Together, the comany aims to unlock the vast potential of the water market and drive the ongoing advancement and growth of the industry.

In addition, ZEHO ECO has established a strategic partnership with Inteliway planning to establish a joint venture to concentrate efforts on water damage restoration projects in the Beijing area and Wuhan river and lake wetland restoration projects. By utilizing advanced numerical tracing, hydrological and water quality monitoring, hydrodynamic and water quality simulation and other multi-dimensional integrated model systems, intelligent analysis and scientific decision-making of water environment governance projects can be achieved, Empowering the development of water business with technology.

In 2024, the company actively adjusted its market layout, focusing on key cities in Beijing, Wuhan, Ningbo, and Shenzhen, and deeply cultivated the local market by establishing joint ventures with local state-owned enterprises or leading enterprises. With the implementation of a series of strategic collaborations this year, ZEHO ECO has laid a solid foundation for expanding its business market. In the future, the company will continue to uphold innovative concepts, strengthen technological research and development, expand cooperation networks, promote deep business integration, and ensure stable performance growth.

On February 27th, leaders of the Beijing Municipal Water Bureau met with the Chairman of ZEHO ECO and his delegation

On February 29th, the Deputy District Mayor of Mentougou District and the Vice Chairman of ZEHO ECO had a discussion and exchange

On February 21st, Jinhe Water Group and ZEHO ECO held discussions and exchanges on deepening cooperation after signing a strategic cooperation framework agreement