Zhitong Finance App News, Jinmaoyuan Environmental Protection (06805) issued an announcement regarding Taizhou Jincheng and Guangdong Jinjunda signing previous construction contracts to provide general contract construction and related services for the Group's four parks; and Jinmaoyuan Environmental Protection Group (Huizhou) Co., Ltd., which are indirect wholly-owned subsidiaries of the companies concerned, and Hubei Jinmao Environmental Technology Co., Ltd. have each entered into previous construction contracts with Guangdong Jinjunda to provide general contract construction and related services of a similar nature. On November 10, 2026, Taizhou Jincheng and Jinmaoyuan Environmental Protection Group (Huizhou) Co., Ltd., which are indirect non-wholly-owned subsidiaries of the company, signed further contracts with Guangdong Jinjunda to provide general contract construction services of similar nature to the Group's four parks.
Based on the company's strategic focus on expanding its surface treatment circular economy industrial park business and meeting the needs of new facility construction and operation preparations, the directors believe that Taizhou Jincheng and Jinmaoyuan Environmental Protection Group (Huizhou) Co., Ltd. have entered into existing transactions with Guangdong Jinjunda as necessary measures to promote the development and equipment installation of the Group's four parks. This expansion is in line with the Group's strategy of increasing leasable floor space and improving wastewater treatment capacity, thereby grasping the needs of regional electroplating companies. The services and supplies provided under the existing transaction will support the timely completion of the plant and supporting facilities. This move is critical to attracting and retaining tenants, increasing occupancy rates, and generating stable rents and revenue from wastewater treatment and utility services.