According to the Zhitong Finance App, Taizhou Water (01542.HK) announced that Coastal Water Services was established on June 7, 2016, with a registered capital of RMB 300 million. As of the date of this announcement, it is a subsidiary of the Company, with 51% and 49% of the interests of the Company and Taizhou City Water Service respectively. As of the date of this announcement, Coastal Sea's actual paid-in capital was RMB 300 million. It is mainly engaged in the financing, construction and operation management of the Taizhou Water Diversion Project. The project has been supplying water since October 2022.

According to the Zhitong Finance App, Taizhou Water (01542.HK) announced that Coastal Water Services was established on June 7, 2016, with a registered capital of RMB 300 million. As of the date of this announcement, it is a subsidiary of the Company, with 51% and 49% of the interests of the Company and Taizhou City Water Service respectively. As of the date of this announcement, Coastal Sea's actual paid-in capital was RMB 300 million. It is mainly engaged in the financing, construction and operation management of the Taizhou Water Diversion Project. The project has been supplying water since October 2022.