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An update from CGN New Energy Holdings Co., Ltd. ( (HK:1811) ) is now available.
CGN New Energy Holdings Co., Ltd. announced that its subsidiary, CGN Shengsi, has entered into an Engineering, Procurement, and Construction (EPC) contract with a consortium of Power China Huadong and CCCC Third Harbor Engineering. The contract, valued at approximately RMB1.42 billion, involves comprehensive construction work including quality supervision, survey and design, engineering, procurement, and construction management. This transaction is classified as discloseable under the Hong Kong Listing Rules, indicating its significance to the company’s operational expansion and strategic positioning in the renewable energy industry.
More about CGN New Energy Holdings Co., Ltd.
CGN New Energy Holdings Co., Ltd. is a company incorporated in Bermuda, primarily engaged in the renewable energy sector. It focuses on the development, construction, and operation of clean energy projects, with a market emphasis on sustainable energy solutions.
Average Trading Volume: 6,537,542
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$10.25B
Find detailed analytics on 1811 stock on TipRanks’ Stock Analysis page.