Tianjin LVYIN Landscape and Ecology Construction (002887)
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Tianjin LVYIN Landscape and Ecology Construction (002887) News
A-Share Market Movement | Lvyin Ecology Falls 6.87% at Midday Amid Early Termination of Fengzhen PPP Project
Gelonghui, May 25 | Lvyin Ecology (002887.SZ) has declined for three consecutive days, closing down 6.87% at midday to RMB 13.69, with a total market capitalization of RMB 4.189 billion. In news developments, on May 22, Lvyin Ecology announced the early termination and debt restructuring of the Fengzhen Longshengzhuang PPP project. According to the announcement, Fenglong Ecology, a majority-owned subsidiary of Lvyin Ecology, reached an agreement with the Fengzhen Municipal Finance Bureau regarding the early termination and debt restructuring of the PPP project for Phase I of the Longshengzhuang Town Cultural Heritage Protection and Tourism Development Project in Fengzhen City. The project was signed in 2018 and entered its operational phase in 2021, with an originally scheduled cooperation period of
Tianjin Lvyin Landscape and Ecology Invests Over 32 Million Yuan in Venture Capital Fund
Lvyin Ecology (002887.SZ) plans to jointly invest with professional investment institutions in two partnership enterprises.
Lvyin Ecology (002887.SZ) announced that the company, together with Tianjin Haitang Venture Capital Management Center (Limited Partnership) (hereinafter referred to as "Tianjin Haitang Venture") and other partners, has jointly signed the "Partnership Agreement of Tianjin Haitang Tonghui Venture Capital Partnership (Limited Partnership)" to co-invest in Tianjin Haitang Tonghui Venture Capital Partnership (Limited Partnership) (hereinafter referred to as the "Haitang Tonghui Fund"). The total committed capital from all partners amounts to RMB 412.01 million, of which the company has committed RMB 20.6 million from its own funds, representing 4.9999% of the total committed capital.
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