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Zhejiang Tengy Environmental Technology Enters New Lease Agreement

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Zhejiang Tengy Environmental Technology Enters New Lease Agreement

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Zhejiang Tengy Environmental Technology Co., Ltd. Class H ( (HK:1527) ) just unveiled an update.

Zhejiang Tengy Environmental Technology Co., Ltd has entered into a new lease agreement for office premises in Zhuji City, Zhejiang Province, China. The lease, which is a continuing connected transaction, is for a term of one year starting from October 1, 2024, with an annual rental amount of RMB450,000. This transaction is considered de minimis under the Listing Rules, meaning it is exempt from certain regulatory requirements, reflecting the company’s ongoing operational commitments and its strategic positioning within the industry.

More about Zhejiang Tengy Environmental Technology Co., Ltd. Class H

Zhejiang Tengy Environmental Technology Co., Ltd is a joint stock company established in China, operating in the environmental technology sector. The company is involved in providing technology solutions and services related to environmental protection.

YTD Price Performance: 23.71%

Average Trading Volume: 84,244

Technical Sentiment Signal: Sell

Current Market Cap: HK$162M

Learn more about 1527 stock on TipRanks’ Stock Analysis page.

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