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Tianjin Capital Environmental Protection Group Co Engages in Key Infrastructure Project

Story Highlights
  • Tianjin Capital Environmental Protection Group Co focuses on sewage water treatment and environmental consulting.
  • The company signed a contract for engineering services for the Xianyang Road Sewage Plant relocation, impacting its market positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tianjin Capital Environmental Protection Group Co Engages in Key Infrastructure Project

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Tianjin Capital Environmental Protection Group Co ( (HK:1065) ) has shared an announcement.

Tianjin Capital Environmental Protection Group Co announced the approval of an engineering consulting services contract with Tianjin Infrastructure Consultant for the Phase II relocation of the Xianyang Road Sewage Water Treatment Plant. This agreement, considered a connected transaction under the Listing Rules, involves comprehensive engineering services including cost control, tendering, and environmental impact evaluations, and is set to be completed by December 2029. The transaction highlights the company’s ongoing efforts to enhance its infrastructure capabilities and environmental impact, potentially affecting its market positioning and stakeholder interests.

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 based in the People’s Republic of China, operating in the environmental protection industry. The company focuses on providing services related to sewage water treatment and environmental consulting, with a market focus on infrastructure and environmental sustainability.

Average Trading Volume: 5,717,229

Technical Sentiment Signal: Buy

Current Market Cap: HK$9.5B

For an in-depth examination of 1065 stock, go to TipRanks’ Overview page.

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