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Tianjin TEDA (000652.SZ): Plans to increase capital for Tianjin TEDA Carbon Asset Management and establish a joint venture to develop the JING-JIN-JI used Battery recycling Business.
On December 30, Gelonghui reported that Tianjin TEDA (000652.SZ) announced that in order to deeply implement the Global Strategy for JING-JIN-JI coordinated development, the company plans to increase capital by 22.5 million yuan to its wholly-owned subsidiary Tianjin TEDA Carbon Asset Management Co., Ltd. (referred to as "Tianjin TEDA Carbon Asset Management"). Also, Tianjin TEDA Carbon Asset Management will jointly establish a joint venture company with Guangdong Bangpu Supply Chain Management Co., Ltd. (referred to as "Bangpu Supply Chain") named Tianjin Bangpu TEDA Recycling Technology Co., Ltd. (tentative name, subject to official registration, referred to as "Bangpu TEDA" or "joint venture company"), to develop the recycling business of waste batteries in JING-JIN-JI.
Tianjin Teda (SZSE:000652) Has No Shortage Of Debt
Tianjin Teda (000652.SZ) controlling shareholder Tianjin Teda Holdings pledged 0.24 billion shares.
tianjin teda (000652.SZ) announced that the company recently received a notification from the controlling shareholder tianjin teda investment holding co., ltd. (...)
Tianjin TEDA Biomedical Engineering Company Limited's (HKG:8189) Shares Climb 59% But Its Business Is Yet to Catch Up
tianjin teda (000652.SZ): tianjin teda eco-friendly concept plans to introduce investors silver assets to implement market-oriented debt-for-equity swaps
Gelonghui November 5th | Tianjin Teda (000652.SZ) announced that, in order to continuously optimize the capital structure of the company's eco-friendly sector, the company plans to implement a new round of market-oriented debt-for-equity swaps for Teda Eco-Environmental. Teda Eco-Environmental plans to introduce investor Silver Galaxy Assets to implement market-oriented debt-for-equity swaps. Silver Galaxy Assets plans to subscribe to Teda Eco-Environmental's newly increased registered capital of 153.207573 million yuan (subject to the commercial registration) by way of currency with an investment amount of 400 million yuan, with a planned investment period of 36 months. The additional capital will be used to repay debts of eligible financial institutions within the Teda Eco-Environmental's consolidated financial statements (mainly debts formed by bank loans). This.
Here's What's Concerning About Tianjin Teda's (SZSE:000652) Returns On Capital
Risks To Shareholder Returns Are Elevated At These Prices For Tianjin Teda Co., Ltd. (SZSE:000652)
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