Core Viewpoint - Binhai Investment (02886.HK) announced a capital injection agreement with Tianjin Water Conservancy and Tianshui Smart City, totaling RMB 10.3651 million, to acquire a 49% stake in Tianshui Smart City [1] Group 1: Investment Details - The capital injection consists of RMB 9.6078 million for increasing the registered capital and RMB 757,300 for increasing the capital reserve of Tianshui Smart City [1] - After the completion of the capital injection, Tai Cheng Clean Energy will hold a 49% stake, while Tianjin Water Conservancy will retain a 51% stake in Tianshui Smart City [1] Group 2: Strategic Collaboration - This capital injection represents a strategic collaboration between the group and Tianjin Water Conservancy, aimed at raising funds for the operational and expansion needs of Tianshui Smart City [1] - The goal is to develop Tianshui Smart City into a specialized gas engineering platform [1]

Core Viewpoint - Binhai Investment (02886) announced a capital injection agreement with Tianjin Water Conservancy and Tianshui Smart City, totaling RMB 10.3651 million, to acquire a 49% stake in Tianshui Smart City, aiming to enhance its operations and develop a professional gas engineering platform [1][1][1] Group 1 - The capital injection consists of RMB 9.6078 million for increasing registered capital and RMB 757,300 for capital reserves [1][1] - After the injection, Tianshui Smart City will be owned 49% by Tai Cheng Clean Energy and 51% by Tianjin Water Conservancy [1][1] - This strategic cooperation aims to raise funds for Tianshui Smart City's operational and expansion needs [1][1] Group 2 - Tianshui Smart City will participate in project planning and construction management, enhancing control over project progress, quality, and safety [1][1] - The partnership will enable centralized procurement and large-scale construction, reducing material and labor costs while maximizing project returns [1][1] - The integration of smart technologies will facilitate the establishment of an emergency management platform for gas engineering, improving operational safety and resilience [1][1]

Group 1 - The company reported a revenue of 242 million yuan and a net profit of 18.35 million yuan for the first half of 2025 [1] - The company distributed a cash dividend of 0.5 yuan per 10 shares to all shareholders, totaling 11.725 million yuan [1] - The main sources of revenue for the company are natural gas sales and gas engineering fees, serving various customer segments including industrial, commercial, residential, heating users, LNG vehicles, and real estate developers [1] Group 2 - The company is strategically positioned as a city infrastructure service provider and is undergoing digital transformation to enhance profitability and competitiveness [2] - The construction of the KaiTian Intelligent Computing Center in Ningxia has been initiated, with completion of various infrastructure works and ongoing internal renovations [2] - The company targets potential clients such as AI startups, academic research institutions, cloud service providers, internet platforms, and video social platforms based on market demand and growth potential [2]