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China Gas Holdings ( (HK:0384) ) has shared an update.
China Gas Holdings Limited has announced significant business developments, driven by favorable national policies that have increased demand for Energy Storage Solutions (ESS) among industrial and commercial users. The company has leveraged these opportunities to expand its ESS business, achieving substantial growth in operational scale and contracted capacity. Additionally, China Gas is enhancing its electricity trading precision through AI technology and innovative models like virtual power plants. In alignment with its strategic direction as a ‘Green City Operator’, the company is building a synergistic ecosystem to provide low-carbon, integrated energy solutions. Furthermore, China Gas has entered into a strategic cooperation agreement with EVE Energy Co., Ltd. to advance energy storage technology innovation and support national ‘Dual Carbon’ goals, focusing on technology R&D and commercial application of low-carbon energy management platforms.
The most recent analyst rating on (HK:0384) stock is a Hold with a HK$7.30 price target. To see the full list of analyst forecasts on China Gas Holdings stock, see the HK:0384 Stock Forecast page.
More about China Gas Holdings
China Gas Holdings Limited is a company incorporated in Bermuda, primarily operating in the energy sector. The company focuses on providing energy storage solutions, distributed photovoltaic systems, charging piles, biomass energy supply, and energy-saving services, with a market emphasis on industrial and commercial users.
Average Trading Volume: 6,883,635
Technical Sentiment Signal: Hold
Current Market Cap: HK$44.51B
See more data about 0384 stock on TipRanks’ Stock Analysis page.