Capital Environment wins equipment procurement deal with Sichuan Qingshi

Capital Environment Holdings Limited (HKEX:3989) announced that its indirect wholly-owned subsidiary, Xinjiang Tianfu Company, has won a bid to supply equipment for the monitoring room of a Wastewater Treatment Plant Upgrading and Renovation Project. The company has entered into an Equipment Procurement Agreement with Sichuan Qingshi Company, a connected subsidiary of Capital Eco Group, to supply 16 sets of various equipment including chemical oxygen demand (COD) online monitors and automatic water quality samplers. The total consideration for the agreement is RMB4,189,120, representing the successful bid price through an open tender. The transaction is classified as a connected transaction under the Hong Kong Listing Rules, subject to reporting and announcement requirements but exempt from circular and independent shareholder approval due to percentage ratios remaining below 5%.