China Water Affairs Group Limited, an investment holding company, engages in the water supply, sewage treatment, and property businesses in the People’s Republic of China. The company’s City Water Supply Operation and Construction segment offers city water supply services. Its Sewage Treatment and Drainage Operation and Construction segment provides sewage treatment and drainage operation and construction services, as well as water supply services. The company’s Property Development and Investment segment develops properties for sale and invests in properties for capital appreciation. It is also involved in the development and infrastructure of sightseeing area; provision of water supply infrastructure services; and investment, construction, and operation of water conservation and hydropower related projects, as well as energy conservation and environmental protection and hotel operations. The company was formerly known as China Silver Dragon Group Limited and changed its name to China Water Affairs Group Limited in December 2004. China Water Affairs Group Limited is headquartered in Wanchai, Hong Kong.