Qingdao Water Group Co Ltd (青岛水务集团有限公司) is the state-owned asset management and infrastructure investment operation entity of Qingdao Water. 

It is engaged in urban and rural water project investment, design, construction, and supervision; urban and rural water supply and system facilities management, municipal engineering design and technical consulting services; pipeline materials equipment sales; investment and financing in the water sector; market development and operation; real estate development and related businesses.

Under the direct leadership of the municipal party committee and the municipal government, Qingdao Water Group Co Ltd will always take the responsibility of improving resource security, ensuring water supply security, supporting urban development, raising the sense of well-being of the citizens, and promoting the construction of a conservation-minded society.