Binhai Investment Forms Deqing Joint Venture to Drive Integrated Energy Expansion

Binhai Investment Co ( (HK:2886) ) has shared an announcement.

Binhai Investment has established a new joint venture with Zhejiang Deyuan Culture Technology, a subsidiary of the Deqing County Government, to expand its integrated energy services footprint in Zhejiang Province. The JV, Deqing Qiyuan Intelligent Control Energy Service Co., has registered capital of RMB10 million, with Binhai’s Taicheng Clean Energy Group holding 51% and Deyuan Culture 49%, and its financial results will be consolidated into Binhai’s accounts.

The JV will provide integrated energy services including power generation, transmission and distribution, photovoltaic and energy storage integration, hydrogen energy technology development, energy management, and carbon asset management. Binhai positions this as a key move to capitalize on China’s energy transition and regional green development, using a government-enterprise collaboration model in the Yangtze River Delta to roll out demonstrative low-carbon projects and build a scalable business model in integrated energy services.

The most recent analyst rating on (HK:2886) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Binhai Investment Co stock, see the HK:2886 Stock Forecast page.

More about Binhai Investment Co

Binhai Investment Company Limited is a Bermuda-incorporated energy enterprise listed in Hong Kong, operating through subsidiaries in Mainland China. The Group is transitioning from its traditional gas-focused base toward integrated energy services, spanning gas, electricity, heat, storage, and hydrogen to serve industrial and regional green development needs.

Average Trading Volume: 289,968

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.47B

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