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China Longyuan Power Group Approves 2024 Performance Scheme Following Strategic Expansions

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China Longyuan Power Group Approves 2024 Performance Scheme Following Strategic Expansions

China Longyuan Power Group ( (HK:0916) ) has shared an announcement.

China Longyuan Power Group has announced the approval of its Performance Commitment and Performance Compensation Scheme for 2024, following a series of strategic transactions initiated in 2021. These transactions included the absorption and merger of Inner Mongolia Pingzhuang Energy Co., Ltd., disposal of material assets, and acquisition of new assets through cash payments, significantly expanding its portfolio in the renewable energy sector.

More about China Longyuan Power Group

China Longyuan Power Group Corporation Limited is a leading company in the renewable energy sector, primarily focusing on wind power generation. It is involved in the development, management, and operation of wind farms and other renewable energy projects across China.

YTD Price Performance: -2.22%

Average Trading Volume: 970

Technical Sentiment Signal: Buy

Current Market Cap: $13.57B

Learn more about 0916 stock on TipRanks’ Stock Analysis page.

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