TIANJIN CAPITAL Subsidiary Enters Recycled Water Project Agreement with Jinzhong Cheng Geng

Stock News
03/25

TIANJIN CAPITAL (01065) announced that on March 25, 2026, its board of directors reviewed and approved the execution of a series of agreements between Zhongshui Company, a wholly-owned subsidiary of the company, and Jinzhong Cheng Geng. These include (i) the Recycled Water Pipe Network Supporting Entrustment Agreement, (ii) the Recycled Water Meter Agreement (Household Meters), and (iii) the Recycled Water Meter Agreement (Surface Meters), collectively referred to as the Recycled Water Project Supporting Agreements.

Under these agreements, Jinzhong Cheng Geng has agreed to entrust Zhongshui Company with the responsibility for the supporting construction of the recycled water pipe network, as well as the installation of household and surface meters, for Plot 7 (02-15) named Langxi Yuan, located in the urban renewal project area on the south side of Jinzhonghe Street in Dongli District, Tianjin.

The execution of the Recycled Water Project Supporting Agreements and the transactions contemplated thereunder align with the business scope of Zhongshui Company and the Group. The agreements are expected to contribute to the revenue of the Group's main business operations, expand its market share in the construction of recycled water supporting facilities and water supply services, and have a positive impact on the company's development.

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