tiprankstipranks
Trending News
More News >

Zhejiang Tengy Signs Lease Agreement with TGL for RMB3.5 Million

Story Highlights
Zhejiang Tengy Signs Lease Agreement with TGL for RMB3.5 Million

Confident Investing Starts Here:

An announcement from Zhejiang Tengy Environmental Technology Co., Ltd. Class H ( (HK:1527) ) is now available.

Zhejiang Tengy Environmental Technology Co., Ltd has entered into a Lease Agreement with TGL for leasing plant and equipment for a year, starting from April 14, 2025, with an annual rental of RMB3.5 million. This transaction, involving a substantial shareholder, is classified as a continuing connected transaction under Chapter 14A of the Listing Rules, subject to reporting and annual review requirements but exempt from circular and independent shareholder approval due to its size.

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

Zhejiang Tengy Environmental Technology Co., Ltd is a company based in the People’s Republic of China, focused on environmental technology solutions. The company operates within the environmental industry, providing products and services related to environmental protection and technology.

YTD Price Performance: 23.71%

Average Trading Volume: 82,967

Technical Sentiment Signal: Sell

Current Market Cap: HK$163.4M

For a thorough assessment of 1527 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1