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Tianjin Capital Environmental Protection Group Co Announces Termination of Investment Projects

Story Highlights
  • Tianjin Capital focuses on environmental protection services, including sewage processing.
  • The company faces delays in project payments due to incomplete audits and settlements.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tianjin Capital Environmental Protection Group Co Announces Termination of Investment Projects

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The latest announcement is out from Tianjin Capital Environmental Protection Group Co ( (HK:1065) ).

Tianjin Capital Environmental Protection Group Co announced the proposed termination of some investment projects related to their non-public issuance of shares. The company raised significant funds through this issuance, which were allocated to various infrastructure projects. However, due to incomplete government audits and settlement processes, some project payments have not yet met the payment conditions, impacting the financial execution of these projects.

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, focusing on environmental protection. Its primary services include sewage processing and the development of pipeline networks, with a market focus on infrastructure projects in various regions including Anhui and Tianjin City.

Average Trading Volume: 1,216,955

Technical Sentiment Signal: Buy

Current Market Cap: HK$9.28B

Find detailed analytics on 1065 stock on TipRanks’ Stock Analysis page.

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