Tianjin Capital Environmental Protection reports Q3 2025 results, announces connected transactions

Tianjin Capital Environmental Protection Group Company Limited reported a total profit of RMB295,094,566.39 for the third quarter of 2025, a 2.22% increase compared to the same period last year. Net profits attributable to shareholders were RMB228,951,229.04, reflecting a 10.44% decrease. Total assets stood at RMB26,111,079,294.11, up 3.80% from the previous year-end, with total liabilities at RMB14,826,889,349.77. Basic and diluted earnings per share were RMB0.15, down 8.88%.

The company also announced continuing connected transactions on October 24, 2025. Its wholly-owned subsidiary, Water Recycling Company, commissioned Chengtou Architectural and Expressway Construction, and Huamiao Planning and Expressway Construction, for EPC general contracting services for the 2025 reclaimed water supporting construction project. The total service fees for the First Tender Section Second Batch Agreement are RMB8,768,509, and for the Second Tender Section Second Batch Agreement are RMB908,350.

These agreements involve connected persons, as Expressway Construction is an indirect wholly-owned subsidiary of Tianjin Infrastructure Construction (the ultimate holding company), and Huamiao Planning is a subsidiary of a 30%-controlled company of Tianjin Infrastructure Construction. The aggregated annual caps for 2025, 2026, and 2027 are RMB8.72 million, RMB14.57 million, and RMB12.87 million, respectively. These transactions are subject to reporting and announcement requirements but are exempt from independent shareholders’ approval.