Shanxi Installation Group Forms Joint Venture for Environmental Projects

Reuters
Feb 03
Shanxi Installation Group Forms Joint Venture for Environmental Projects

Shanxi Installation Group Co. Ltd. has announced the formation of a joint venture with Shanghai Jingyu Environmental Engineering Co., Ltd. and Shanxi Infrastructure. Under the agreement signed on February 3, 2026, the three parties will establish a new joint venture to invest in a BOO (Build-Own-Operate) project. Shanxi Installation Group will hold a 55% stake in the joint venture with a capital contribution of RMB 43.8962 million, while Shanghai Jingyu and Shanxi Infrastructure will hold 35% and 10% stakes, contributing RMB 27.9339 million and RMB 7.9811 million, respectively. The joint venture will focus on investment, construction, operation and management of projects related to water pollution control, wastewater treatment and recycling, solid waste management, and other environmental services.

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. Shanxi Installation Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260203-12011693), on February 03, 2026, and is solely responsible for the information contained therein.

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