Kimou Environmental Expands Huadong Park Build-Out with RMB38 Million Construction Contracts
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Kimou Environmental Holding Limited has announced that its subsidiary, Taizhou Jincheng, signed construction contracts worth RMB38.31 million with Guangdong Jinjunda. These contracts involve road hardening and engineering for 21 factory buildings in Huadong Park, part of the company's ongoing industrial park expansion. The transactions exceed the 5% asset ratio threshold but are below 25%, requiring public announcement under Hong Kong Listing Rules. The latest analyst rating for Kimou Environmental (HK:6805) is a Buy with a price target of HK$3.00.
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