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Kimou Environmental Announces Strategic Factory Transaction in Tianjin

Story Highlights
  • Kimou Environmental focuses on industrial park development and environmental protection services.
  • The company repurchased and disposed of Factory 802 in Tianjin for RMB57,788,000.
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Kimou Environmental Announces Strategic Factory Transaction in Tianjin

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The latest announcement is out from Kimou Environmental Holding Limited ( (HK:6805) ).

Kimou Environmental Holding Limited announced a discloseable transaction involving the repurchase and disposal of Factory 802 in Tianjin Bingang Park. The transactions, conducted by its subsidiary Tianjin Jinhuadu, involve acquiring permanent use rights and subsequently disposing of the factory and its land use rights. The aggregated transaction, valued at RMB57,788,000, is subject to reporting and announcement requirements under the Hong Kong Listing Rules, reflecting the company’s strategic asset management and compliance with regulatory standards.

More about Kimou Environmental Holding Limited

Kimou Environmental Holding Limited operates in the environmental industry, focusing on the development and management of industrial parks with a specialization in providing environmental protection services.

Average Trading Volume: 231,581

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.04B

For detailed information about 6805 stock, go to TipRanks’ Stock Analysis page.

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