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CGN New Energy Announces New Maintenance Services Agreement

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CGN New Energy Announces New Maintenance Services Agreement

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CGN New Energy Holdings Co., Ltd. ( (HK:1811) ) has shared an announcement.

CGN New Energy Holdings Co., Ltd. announced a Maintenance Services Framework Agreement between its wholly owned subsidiary, CGN Yunnan, and its non-wholly owned subsidiary, CGN Chuxiong Mouding. This agreement, effective from January 1, 2026, to December 31, 2028, involves CGN Yunnan providing maintenance services for various energy projects. The transactions are considered continuing connected transactions under the Listing Rules, subject to reporting and annual review requirements but exempt from circular and independent shareholders’ approval.

The most recent analyst rating on (HK:1811) stock is a Hold with a HK$3.00 price target. To see the full list of analyst forecasts on CGN New Energy Holdings Co., Ltd. stock, see the HK:1811 Stock Forecast page.

More about CGN New Energy Holdings Co., Ltd.

CGN New Energy Holdings Co., Ltd. is a company incorporated in Bermuda with a focus on renewable energy. It operates in the energy sector, providing services related to wind farms, photovoltaic power plants, and energy storage power stations.

Average Trading Volume: 13,617,452

Technical Sentiment Signal: Buy

Current Market Cap: HK$11.28B

Find detailed analytics on 1811 stock on TipRanks’ Stock Analysis page.

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