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China Water Industry Group Limited ( (HK:1129) ) has issued an update.
China Water Industry Group Limited has entered into a memorandum of understanding with the government of Pekanbaru City, Indonesia, to collaborate on a Landfill Gas-To-Energy management project. This initiative aims to address environmental issues, reduce greenhouse gas emissions, and provide a stable power supply in the region. The project marks the company’s third collaboration in Indonesia, enhancing its international presence and offering valuable overseas experience, which could improve its financial performance and shareholder returns.
More about China Water Industry Group Limited
China Water Industry Group Limited is primarily engaged in the provision of sewage treatment services, exploitation and sale of renewable energy in China, and property investment and development.
Average Trading Volume: 678,648
Technical Sentiment Signal: Sell
Current Market Cap: HK$155.5M
For detailed information about 1129 stock, go to TipRanks’ Stock Analysis page.