-+ 0.00%
-+ 0.00%
-+ 0.00%

CR Construction to take 50% stake in wastewater treatment venture via RMB 20 million capital injection

PUBT·07/23/2026 08:33:20
Listen to the news
CR Construction to take 50% stake in wastewater treatment venture via RMB 20 million capital injection
  • CR Construction’s PRC unit ZCIED agreed to inject RMB 20 million into Zhoushan Lanjing Environmental Protection Technology.
  • Deal creates a 50-50 venture with state-owned Zhoushan Yubang Holdings, doubling the target’s registered capital to RMB 40 million.
  • Payment due within 10 working days of July 23, 2026.
  • Target operates in wastewater treatment and recycling, aligning with CR Construction’s environmental services push.
  • Transaction classified as discloseable under Hong Kong listing rules, with percentage ratios above 5% and below 25%.


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. CR Construction Group Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260723-12253630), on July 23, 2026, and is solely responsible for the information contained therein.