New Concepts Holdings Ltd. Invests $3.6 Million in Urban Biomass Biorefining Project in China

Reuters

06-24

New Concepts Holdings Ltd. Invests $3.6 Million in Urban Biomass Biorefining Project in China

New Concepts Holdings Ltd. has announced a significant investment in a new urban biomass biorefining and carbon sequestration project in the People's Republic of China. On June 24, 2025, the company entered into an agreement with the Haimen Economic and Technological Development Zone to invest USD 3.60 million (approximately HKD 28.35 million) in the project. This investment will be used to operate and implement the initiative, with the Haimen Economic and Technological Development Zone providing infrastructure support and assisting in obtaining necessary approvals and permits. As part of the agreement, New Concepts Holdings will establish a wholly-owned subsidiary, the Project Company, to oversee the project's development.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Concepts Holdings Ltd. published the original content used to generate this news brief on June 24, 2025, and is solely responsible for the information contained therein.

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Invests $3.6 Million in Urban Biomass Biorefining Project in China","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      New Concepts Holdings Ltd. Invests $3.6 Million in Urban Biomass Biorefining Project in China\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        New Concepts Holdings Ltd. has announced a significant investment in a new urban biomass biorefining and carbon sequestration project in the People's Republic of China. On June 24, 2025, the company entered into an agreement with the Haimen Economic and Technological Development Zone to invest USD 3.60 million (approximately HKD 28.35 million) in the project. 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Invests $3.6 Million in Urban Biomass Biorefining Project in China\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-24 21:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      New Concepts Holdings Ltd. Invests $3.6 Million in Urban Biomass Biorefining Project in China\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        New Concepts Holdings Ltd. has announced a significant investment in a new urban biomass biorefining and carbon sequestration project in the People's Republic of China. On June 24, 2025, the company entered into an agreement with the Haimen Economic and Technological Development Zone to invest USD 3.60 million (approximately HKD 28.35 million) in the project. This investment will be used to operate and implement the initiative, with the Haimen Economic and Technological Development Zone providing infrastructure support and assisting in obtaining necessary approvals and permits. 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New Concepts Holdings Ltd. published the original content used to generate this news brief on June 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1148","symbol_name":"建筑与工程","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250624:nNDL92Xjjz:1","article_id":"2545728054","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2545728054","pubTimestamp":1750770449,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"New Concepts Holdings Ltd. has announced a significant investment in a new urban biomass biorefining and carbon sequestration project in the People's Republic of China. 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