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China Everbright Water ( (SG:U9E) ) just unveiled an announcement.
China Everbright Water Limited has announced the incorporation of a joint venture company, EW (Zhengzhou) Water Operation Co., Ltd., in partnership with Hangkong Water Development, to manage wastewater treatment plants in Henan Province, China. The joint venture aims to enhance the company’s service capabilities in waste and water management, though it is not expected to significantly impact the company’s financials for the year ending December 2025.
More about China Everbright Water
China Everbright Water Limited operates in the environmental sector, primarily focusing on water environment management. The company provides wastewater treatment, reusable water, municipal facility management, and water pollution control services, with a market focus in China.
YTD Price Performance: 3.33%
Average Trading Volume: 455
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $501.9M
For detailed information about U9E stock, go to TipRanks’ Stock Analysis page.