Yunnan Water Investment Co., Limited Class H ( (HK:6839) ) just unveiled an announcement.
Yunnan Water Investment Co., Limited has announced that its subsidiaries entered into procurement agreements with Beijing OriginWater Group for the purchase of membrane ancillary materials, totaling RMB8,588,596.45. These transactions, considered connected under the Listing Rules due to Beijing OriginWater’s substantial shareholding in the company, were not initially expected as the company had planned to minimize procurement from Beijing OriginWater in 2024. However, due to a lack of timely communication and understanding of Listing Rules by the subsidiaries, these transactions were not reported promptly, leading to a delay in compliance with the reporting and announcement requirements.
More about Yunnan Water Investment Co., Limited Class H
Yunnan Water Investment Co., Limited is a joint stock limited liability company incorporated in the People’s Republic of China. The company operates in the water investment sector, focusing on the procurement and supply of membrane ancillary materials, which are essential components in water treatment processes.
YTD Price Performance: -15.00%
Technical Sentiment Signal: Hold
Current Market Cap: €23.89M
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