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Tianjin Capital Redirects RMB53 Million to Boost Karamay Sewage Project

Story Highlights
  • Tianjin Capital is redirecting RMB53 million from a terminated sewage project to its existing Karamay Nanjiao Sewage Treatment Plant franchise.
  • The reallocation raises proceeds invested in the Karamay project, aiming to improve capital efficiency and enhance overall investment returns.
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Tianjin Capital Redirects RMB53 Million to Boost Karamay Sewage Project

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

Tianjin Capital Environmental Protection Group has reallocated RMB53 million of previously raised proceeds after terminating the Chibi Lushui Industrial Park Sewage Treatment Plant and Supporting Pipeline Network TOT project. Following board and shareholder approvals in 2025, the unused funds, which remain in the designated proceeds account, will now be redirected to expand investment in the existing Karamay Nanjiao Sewage Treatment Plant franchising project, increasing the proceeds-supported portion of that project from RMB103 million to RMB156 million (in ten-thousand-yuan units). This adjustment is aimed at improving capital utilisation efficiency and enhancing overall returns from the company’s investment portfolio, signalling a shift in project priorities while maintaining its strategic focus on wastewater treatment infrastructure.

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 Chinese environmental services company focused on wastewater treatment and related infrastructure. Listed in Hong Kong, it develops, operates and manages sewage treatment plants and pipeline networks, serving municipal and industrial clients as part of China’s broader environmental protection and urban infrastructure sector.

Average Trading Volume: 6,644,327

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$9.61B

For a thorough assessment of 1065 stock, go to TipRanks’ Stock Analysis page.

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