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China Longyuan Power Group Transfers Equity in United Power

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China Longyuan Power Group Transfers Equity in United Power

TipRanks Black Friday Sale

The latest update is out from China Longyuan Power Group ( (HK:0916) ).

China Longyuan Power Group has announced a connected transaction involving the transfer of a 60% equity interest in United Power to CHN Energy New Energy. This transaction, effective from November 14, 2025, will result in China Longyuan Power Group ceasing to hold any equity interest in United Power, impacting its association with the company. The transaction is subject to reporting and announcement requirements under the Listing Rules but is exempt from independent shareholders’ approval.

The most recent analyst rating on (HK:0916) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on China Longyuan Power Group stock, see the HK:0916 Stock Forecast page.

More about China Longyuan Power Group

Average Trading Volume: 32,004,199

Technical Sentiment Signal: Buy

Current Market Cap: HK$121B

For detailed information about 0916 stock, go to TipRanks’ Stock Analysis page.

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