ELL Environmental Holdings Limited (HK:1395) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
ELL Environmental Holdings Limited has announced an agreement for a significant upgrade and expansion of the Rugao Hengfa Facility, aiming to increase its wastewater treatment capacity from 40,000 to 50,000 tonnes per day while enhancing effluent quality to meet stringent local standards. The project will maintain the existing Build-Operate-Transfer model, concession period, and water tariff rates, according to the terms of the newly signed Facility Expansion and Enhancement Agreement.
For further insights into HK:1395 stock, check out TipRanks’ Stock Analysis page.