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Tianjin Construction Development Group Enhances Compliance Measures Following Lease Agreement Oversight

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An announcement from Tianjin Construction Development Group Co., Ltd. Class H ( (HK:2515) ) is now available.

Tianjin Construction Development Group Co., Ltd. announced further details regarding its Machinery Lease Agreements with Jiangshengyuan Machinery, highlighting a breach due to oversight in identifying connected persons. The company has conducted an internal control review, leading to the implementation of remedial measures to enhance compliance with Hong Kong Listing Rules. The review assessed the knowledge of directors and staff, showing satisfactory results, and aims to prevent future oversights in connected transactions.

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

Tianjin Construction Development Group Co., Ltd. operates in the construction industry, focusing on machinery leasing and related services. The company is based in China and is listed on the Hong Kong Stock Exchange.

Average Trading Volume: 388,069

Technical Sentiment Signal: Sell

Learn more about 2515 stock on TipRanks’ Stock Analysis page.

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