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Beijing Energy International Holding ( (HK:0686) ) has shared an update.
Beijing Energy International Holding’s wholly owned subsidiary Jingrui has signed an engineering, procurement and construction (EPC) contract with a contractor consortium to build supporting facilities and infrastructure for a 100 MW wind power project in Heilongjiang province, China, for a tax-inclusive price of about RMB135 million. The deal, classified as a discloseable transaction under Hong Kong listing rules, sets a 274-day construction period from notice to proceed and includes a 24‑month warranty, underscoring the group’s continued build‑out of its wind power portfolio and signaling further capital deployment into mainland renewable energy infrastructure.
The most recent analyst rating on (HK:0686) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Beijing Energy International Holding stock, see the HK:0686 Stock Forecast page.
More about Beijing Energy International Holding
Beijing Energy International Holding is a Hong Kong–listed energy company engaged in the development and operation of power projects in mainland China, with a focus on renewable energy assets such as wind and solar power that support the country’s low‑carbon transition.
Average Trading Volume: 656,174
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$2.46B
See more insights into 0686 stock on TipRanks’ Stock Analysis page.