Tianjin TEDA CO., Ltd.: Plans to increase capital by 22.5 million yuan for its wholly-owned subsidiary TEDA Carbon Asset Management using its own funds

Tianjin TEDA CO., Ltd. announced that the company plans to increase its capital by 22.5 million yuan to its wholly-owned subsidiary TEDA Carbon Asset Management, and TEDA Carbon Asset Management will jointly establish a joint venture company, Tianjin Bangpu TEDA Recycling Technology Co., Ltd., with Guangdong Bangpu Supply Chain Management Co., Ltd., to develop the recycling business of waste batteries in the Beijing-Tianjin-Hebei region