China Water Affairs Group Limited, an investment holding company, engages in water supply, sewage treatment, property, and concrete businesses in the Peoples Republic of China. The companys City Water Supply Operation and Construction segment offers city water supply, water related installation works, and meter installation 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 companys Property Development and Investment segment develops properties for sale and invests in properties for capital appreciation. Its Concrete Related Products and Services segment produces and sells ready mixed concrete, as well as provides related services. The company is also involved in the manufacture and trade of water pipelines; development of sightseeing area; landscape design and engineering; guarantee business; provision of water supply infrastructure services; and investment, construction, and operation of water conservation and hydropower related projects. 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.