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BINHAI INV
wrote a post · Mar 11 17:03

Binhai Investment Taiyue Home and Teda Urban Renewal signed a strategic cooperation agreement

$BINHAI INV (02886.HK)$ Binhai Investment's wholly-owned subsidiary, Hainan Binhai Taiyue Home Technology Co., Ltd. ("Taiyuejia"), and Tianjin Teda Investment Holding (Group) Co., Ltd. ("Teda Holdings", Binhai Investment's controlling shareholder) wholly-owned subsidiary, Tianjin Teda Urban Renewal Construction Development Co., Ltd. ("Teda Urban Renewala strategic cooperation framework agreement to establish a long-term strategic partnership, jointly promoting the national 'Good Housing' construction and urban quality enhancement.
Teda Urban Renewal is an important platform enterprise specializing in urban renewal, district development, and real estate construction, with abundant project resources and mature operational experience in Tianjin and other regions.
According to the strategic cooperation agreement,both parties plan to prioritize the application of Taiyue Home’s products and services in areas such as gas appliances, intelligent security systems, and kitchen decoration design and construction for various urban renewal, residential, commercial, and public building projects developed, constructed, and operated by Teda Urban Renewal and its affiliates.
The signing of the strategic cooperation agreement marks significant progress in Binhai Investment's value-added business expansion in the fields of smart living and green homes.and also indicates thatTeda Holdings continues to fulfill the recently signed Framework Agreement on Further Deepening Strategic Cooperation to Support Binhai Investment Development (signed on March 4, 2026), providing resource support for the group's development.Through this collaboration,Binhai Investment will further leverage its product and technology integration advantages in value-added service operations, relying on Teda Urban Renewal's project platform to achieve scaled implementation among public domain customers. This will enhance market penetration and brand synergy for related businesses in Tianjin and broader regions, accelerating the growth of value-added services into the group's second pillar of profit.laying a more solid foundation for the high-quality development of this group, thereby creating sustainable long-term value for the shareholders of this company.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.Read more
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