TIANJIN CAPITAL (01065) Receives RMB1.989 Billion from Tianjin Water Authority to Settle Historical Accounts Receivable

Stock News

12/15

TIANJIN CAPITAL (01065) announced that the company has prioritized accounts receivable recovery by establishing a dedicated mechanism to reduce outstanding receivables and actively engaging with local governments to facilitate repayments. To support the company's stable development and effectively resolve historical receivables, the Tianjin Water Authority has made a one-time payment of RMB1.989 billion in addition to this year's sewage treatment service fees.

This repayment will improve the company's cash flow, enhance earnings, and positively impact its 2025 operational performance and financial position. The exact figures will be disclosed in the company's periodic reports.

Moving forward, TIANJIN CAPITAL will continue efforts to recover outstanding receivables and fulfill disclosure obligations in accordance with regulatory requirements. Investors are advised to consider associated risks.

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