Capital Environment (03989) announced that on December 26, 2025, its wholly-owned subsidiary, Capital Investment, entered into a loan agreement with Xiong'an Capital. Pursuant to this agreement, Capital Investment agreed to provide a loan totaling RMB61.74 million to Xiong'an Capital. On the same day, Capital Environmental Group entered into a separate loan agreement with Xiong'an Capital, under which it agreed to provide a loan of RMB64.26 million. The principal amounts of the loans provided by Capital Investment and Capital Environmental Group to Xiong'an Capital were determined based on their respective equity stakes in Xiong'an Capital. The loan extended by Capital Investment under the agreement is intended to strengthen Xiong'an Capital's financial position and financing capacity, and to meet its anticipated working capital requirements for the ongoing development of its sewage treatment and recycling business.