Beijing Jingneng Clean Energy Wins Shareholder Approval for Key Connected Transaction Frameworks

Beijing Jingneng Clean Energy Co., Ltd. Class H ( (HK:0579) ) has issued an announcement.

Beijing Jingneng Clean Energy Co., Ltd. announced that shareholders approved all ordinary resolutions at its third extraordinary general meeting of 2025 held in Beijing, which was conducted in accordance with PRC company law and the firm’s articles of association, with Computershare Hong Kong Investor Services acting as scrutineer. The meeting saw strong support for a series of continuing connected transactions, including the Framework Heat Sale and Purchase Agreement, Financial Assistance Framework Agreement, multiple Finance Leasing Framework Agreements and the Finance Leasing Business Framework Agreement, with all items passing by wide margins; these approvals clear the way for the company to continue and expand key related-party heat supply, funding and leasing arrangements that underpin its clean energy operations and financing structure, and confirm shareholder backing for the company’s current transaction framework with its connected parties.

The most recent analyst rating on (HK:0579) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Beijing Jingneng Clean Energy Co., Ltd. Class H stock, see the HK:0579 Stock Forecast page.

More about Beijing Jingneng Clean Energy Co., Ltd. Class H

Beijing Jingneng Clean Energy Co., Ltd. is a PRC-incorporated clean energy company listed in Hong Kong, operating within the power and heat generation sector and related financial services arrangements. The group focuses on clean and renewable energy projects and associated infrastructure, and routinely enters into framework agreements for heat supply, financial assistance and leasing to support its energy operations and capital needs.

Average Trading Volume: 5,945,679

Technical Sentiment Signal: Buy

Current Market Cap: HK$18.8B

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