Beijing Jingneng Clean Energy Co., Ltd. Class H (HK:0579) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- 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.
Beijing Jingneng Clean Energy’s subsidiary, Sichuan Dachuan Power, has agreed to disconnect its four hydropower stations in Sichuan Province from the grid to protect the ecological environment of the Giant Panda National Park. The company will receive RMB 440.64 million in compensation for ceasing operations, as evaluated by a third-party appraisal.
For further insights into HK:0579 stock, check out TipRanks’ Stock Analysis page.