Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An announcement from Beijing Energy International Holding ( (HK:0686) ) is now available.
Beijing Energy International Holding’s subsidiary, BEJN, has entered into a lease agreement with Beijing Jingneng Housing Leasing, a subsidiary of its controlling shareholder, BEH. The lease, which spans from March 2025 to March 2028, involves a property in Beijing and will be recognized as a right-of-use asset valued at approximately RMB25,260,000. This transaction is classified as a connected transaction under Hong Kong’s Listing Rules, requiring reporting and announcement but exempt from independent shareholder approval due to its size.
More about Beijing Energy International Holding
Technical Sentiment Signal: Hold
Current Market Cap: $291.9M
For a thorough assessment of 0686 stock, go to TipRanks’ Stock Analysis page.