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Tianjin Capital Environmental Protection Group Co ( (HK:1065) ) has issued an update.
Tianjin Capital Environmental Protection Group Co has announced a connected transaction involving a loan of RMB40,000,000 to its non-wholly owned subsidiary, HBGJTC, under a 2025 Loan Agreement. The loan, with a fixed interest rate of 3.5% per annum, is intended to replenish HBGJTC’s daily operating capital over a three-year term. This transaction, which is subject to reporting and announcement requirements but exempt from independent shareholders’ approval, highlights the company’s strategic financial support to its subsidiaries, potentially impacting its operational dynamics and stakeholder relations.
The most recent analyst rating on (HK:1065) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on Tianjin Capital Environmental Protection Group Co stock, see the HK:1065 Stock Forecast page.
More about Tianjin Capital Environmental Protection Group Co
Tianjin Capital Environmental Protection Group Co is a company incorporated in the People’s Republic of China, operating in the environmental protection industry. The company focuses on infrastructure construction and environmental services, with a market focus on sustainable development and ecological conservation.
YTD Price Performance: 38.50%
Average Trading Volume: 5,551,557
Technical Sentiment Signal: Buy
Current Market Cap: HK$10.3B
See more insights into 1065 stock on TipRanks’ Stock Analysis page.