Tianjin Capital Environmental Unit Signs EPC Contracts for Reclaimed Water Project; Shares Up 5%

MT Newswires Live

10/27

Tianjin Capital Environmental Protection (HKG:1065) said its wholly owned unit, Tianjin Water Recycling, has signed two EPC agreements for the second batch of the city's reclaimed water supporting construction project, according to an Oct. 24 Hong Kong bourse filing.

Shares of the firm were up nearly 5% in Monday morning trade.

Under the contracts, Chengtou Architectural and Expressway Construction will provide EPC services for the first tender section valued at 8.77 million yuan.

Meanwhile, Huamiao Planning and Expressway Construction will undertake the second tender section valued at 910,000 yuan.

The service periods are scheduled to run until the end of 2027, the filing said.

The agreements, awarded through open tender, cover design, construction, and installation work for a total of 20 sub-projects

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