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Tianjin Construction Development Engages in Machinery Lease Agreements

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Tianjin Construction Development Group Co., Ltd. Class H ( (HK:2515) ) just unveiled an update.

Tianjin Construction Development Group Co., Ltd. announced that it has entered into several machinery lease agreements with Jiangshengyuan Machinery, a connected entity, from May 2024 to November 2024. These agreements, which are considered connected transactions under Hong Kong Listing Rules, involve a total leasing amount of RMB11,994,505. The transactions are subject to reporting and independent shareholders’ approval due to their financial scale, impacting the company’s operational transparency and compliance with regulatory requirements.

More about Tianjin Construction Development Group Co., Ltd. Class H

Tianjin Construction Development Group Co., Ltd. operates in the construction industry, focusing on leasing machinery and equipment as part of its business operations.

YTD Price Performance: 37.31%

Average Trading Volume: 220,666

Technical Sentiment Signal: Strong Buy

For an in-depth examination of 2515 stock, go to TipRanks’ Stock Analysis page.

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