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YCIH Green High-Performance Concrete Co., Ltd. Class H ( (HK:1847) ) has issued an update.
YCIH Green High-Performance Concrete Co., Ltd. has entered into an Investment Cooperation Agreement to establish a Joint Venture Company with YCIH and Infrastructure Investment Company. This joint venture aims to develop the Anning Green Building Materials Industrial Park Project, which will handle 1 million tons of phosphogypsum and 1 million tons of industrial solid waste annually. The transaction, which involves a registered capital of RMB50 million, is a connected and disclosable transaction under Hong Kong’s Listing Rules, requiring independent shareholder approval.
More about YCIH Green High-Performance Concrete Co., Ltd. Class H
YCIH Green High-Performance Concrete Co., Ltd. is a joint stock company incorporated in China, focusing on the production of green and high-performance concrete. The company is committed to ecological civilization and low-carbon transformation, aiming to integrate into the resource circular economy of industrial solid waste.
Average Trading Volume: 39,200
Technical Sentiment Signal: Sell
Current Market Cap: HK$58.91M
Learn more about 1847 stock on TipRanks’ Stock Analysis page.