Tianjin Capital Environmental Protection secures significant payment, improving financial outlook

Tianjin Capital Environmental Protection Group Company Limited has successfully recovered a significant portion of its historical accounts receivable. The Tianjin Water Bureau made a one-time payment of RMB1.989 billion to settle the company’s historical accounts receivable, in addition to disbursing current year's sewage treatment service fees.

This payment is expected to improve the company’s cash flow and increase its revenue, positively impacting its operating performance and financial position for 2025.

The announcement, dated December 15, 2025, highlights the company's proactive approach in managing its receivables and engaging with local governments to facilitate payment collection, establishing a dedicated working mechanism for continuous improvement.