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The latest update is out from China Anchu Energy Storage Group Ltd ( (HK:2399) ).
China Anchu Energy Storage Group Limited has announced discussions with Pinestone Capital Limited for a potential strategic cooperation. The collaboration aims to explore the securitization of income rights from the company’s energy storage assets, which could enhance its financial capabilities and market positioning. The outcome of this cooperation is uncertain and subject to the signing of a definitive agreement.
More about China Anchu Energy Storage Group Ltd
China Anchu Energy Storage Group Limited operates in the energy storage industry, focusing on the development and management of energy storage assets. The company is incorporated in the Cayman Islands and is listed on the Stock Exchange of Hong Kong.
Average Trading Volume: 2,004,743
Technical Sentiment Signal: Sell
Current Market Cap: HK$679.5M
Learn more about 2399 stock on TipRanks’ Stock Analysis page.