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An announcement from CGN New Energy Holdings Co., Ltd. ( (HK:1811) ) is now available.
CGN New Energy Holdings Co., Ltd. announced that its subsidiary, CGN New Energy Yancheng, has entered into an Engineering, Procurement, and Construction (EPC) contract with China Energy Engineering Jiangsu Design Institute for a 200MW project. The contract, valued at approximately RMB567.2 million, includes design, engineering, procurement, and construction management, indicating a significant investment in expanding the company’s renewable energy capacity.
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. operates in the renewable energy sector, focusing on the development and management of clean energy projects. The company is involved in the generation of electricity through wind, solar, and other renewable sources, primarily targeting the Asian market.
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.