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The latest update is out from China Everbright Greentech Ltd. ( (HK:1257) ).
China Everbright Greentech Limited announced the recovery of approximately RMB2.064 billion in additional subsidies for its renewable energy projects, including biomass, solar, and wind power, from the State Grid Corporation of China. This recovery is expected to enhance the company’s cash flow, reduce liabilities, and positively impact the operations of its renewable energy projects, thereby strengthening its market position and benefiting stakeholders.
The most recent analyst rating on (HK:1257) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on China Everbright Greentech Ltd. stock, see the HK:1257 Stock Forecast page.
More about China Everbright Greentech Ltd.
China Everbright Greentech Limited is a company incorporated in the Cayman Islands, focusing on integrated biomass utilization, solar energy, and wind power projects. It operates within the renewable energy sector, aiming to provide sustainable energy solutions.
Average Trading Volume: 734,199
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.96B
For detailed information about 1257 stock, go to TipRanks’ Stock Analysis page.