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The latest update is out from Cherish Sunshine International Limited ( (HK:1094) ).
Cherish Sunshine International Limited has terminated a previously announced plan to form a joint venture with Xinhui Yuanheng to invest in the photovoltaic inverter business in mainland China. Although the JV company had been incorporated, neither party had injected share capital, and, following recent changes in PRC policies affecting the photovoltaic industry in early January 2026, both sides agreed that launching the venture was no longer commercially justifiable and signed a termination agreement on 16 January 2026, with the JV to be deregistered. The board stated that ending the venture is not expected to have a material adverse impact on the group’s financial performance or operations and considers the decision to be in the overall interests of the company and its shareholders.
The most recent analyst rating on (HK:1094) stock is a Hold with a HK$0.33 price target. To see the full list of analyst forecasts on Cherish Sunshine International Limited stock, see the HK:1094 Stock Forecast page.
More about Cherish Sunshine International Limited
Cherish Sunshine International Limited is a Bermuda-incorporated company listed on the Stock Exchange of Hong Kong. Through its wholly owned subsidiary Chengguang Zhongcai, the group had planned to enter the photovoltaic inverter segment in mainland China, indicating an interest in expanding into the PRC renewable energy equipment market.
Average Trading Volume: 141,836
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$201.5M
Learn more about 1094 stock on TipRanks’ Stock Analysis page.