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Datang Environment Industry Group Co., Ltd. Class H ( (HK:1272) ) has issued an update.
Datang Environment Industry Group Co., Ltd. has successfully issued the second tranche of its super short-term commercial paper for 2025, raising RMB500 million with a 1.84% interest rate over a 93-day term. The proceeds are intended for the repayment of interest-bearing liabilities, which may improve the company’s financial stability and operational efficiency, potentially enhancing its market standing and offering reassurance to stakeholders.
More about Datang Environment Industry Group Co., Ltd. Class H
Datang Environment Industry Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily focused on environmental protection services and products. The company operates within the environmental industry, providing solutions that likely include pollution control, energy conservation, and other related services, positioning itself as a key player in the market for sustainable environmental solutions.
YTD Price Performance: 19.57%
Average Trading Volume: 388,338
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.23B
For a thorough assessment of 1272 stock, go to TipRanks’ Stock Analysis page.