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China Water Industry Group Explores Overseas Expansion with Indonesian Landfill Project

Story Highlights
  • China Water Industry Group focuses on sewage treatment, renewable energy, and property development.
  • The company plans to manage an Indonesian landfill, marking its first overseas project.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

China Water Industry Group Limited ( (HK:1129) ) has issued an update.

China Water Industry Group Limited has entered into a memorandum of understanding with the Semarang Regency Government in Indonesia to potentially manage a landfill site. This initiative aims to utilize landfill gas for power generation and improve waste management, marking the company’s first greenfield development project overseas, and is expected to contribute to sustainable environmental development and business growth.

More about China Water Industry Group Limited

China Water Industry Group Limited is primarily engaged in the provision of sewage treatment services, exploitation and sale of renewable energy in China, and property investment and development.

YTD Price Performance: -29.76%

Average Trading Volume: 256,629

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$133.3M

For detailed information about 1129 stock, go to TipRanks’ Stock Analysis page.

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