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China Everbright Greentech Exceeds Annual Cap, Implements Compliance Measures

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China Everbright Greentech Exceeds Annual Cap, Implements Compliance Measures

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China Everbright Greentech Ltd. ( (HK:1257) ) has provided an announcement.

China Everbright Greentech Ltd. announced that it exceeded its annual cap for the 2022 Deposit Services Master Agreement due to early loan repayments to CE Bank. The company attributed this breach to personnel changes and insufficient communication within its finance department. In response, the company has implemented additional measures, including training for its directors and finance team, to ensure future compliance with the Listing Rules and prevent similar incidents.

More about China Everbright Greentech Ltd.

China Everbright Greentech Ltd. operates in the environmental protection industry, focusing on providing integrated environmental solutions, including biomass power generation, hazardous waste treatment, and solar energy projects. The company aims to contribute to sustainable development and environmental preservation.

YTD Price Performance: -27.55%

Average Trading Volume: 670,291

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.47B

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