Tianjin Capital Environmental Protection Co. Ltd. Announces Reallocation of RMB 53 Million Proceeds to Karamay Nanjiao Sewage Treatment Plant Franchising Project to Enhance Capital Utilisation and Project Returns
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Tianjin Capital Environmental Protection Co. Ltd. has announced a reallocation of RMB 53 million from its non-public share issuance proceeds. The funds, initially intended for the Chibi Lushui Industrial Park Sewage Treatment Plant project, will now be directed to the Karamay Nanjiao Sewage Treatment Plant Franchising Project, increasing its total investment from RMB 103 million to RMB 156 million. This strategic adjustment aims to enhance capital utilization and improve investment returns.
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