China Water Affairs Group Limited is a Hong Kong-based investment holding company principally engaged in water supply and other related businesses. The Company operates through three segments. Water segment is engaged in the provision of operation and construction services of water supply, sewage treatment and drainage. Property Development and Investment segment is engaged in the development of properties for sale and the investment in properties for capital appreciation. Concrete Related Products and Services segment is engaged in the production and sales of ready-mixed concrete and the provision of related services. The Company mainly operates businesses in China.