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China Longyuan Power Plans A Share Issuance to Boost Growth

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China Longyuan Power Plans A Share Issuance to Boost Growth

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

China Longyuan Power Group Corporation Limited has announced the convening of its second extraordinary shareholders’ meeting in 2025 to discuss and approve several resolutions related to the issuance of A shares to specific targets. This strategic move aims to raise funds for the company’s operations and expansion, potentially impacting its market position and offering new opportunities for stakeholders.

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

China Longyuan Power Group Corporation Limited is a leading company in the renewable energy sector, primarily focusing on the development and operation of wind power projects. It is a significant player in the clean energy market, contributing to sustainable energy solutions.

Average Trading Volume: 28,256,097

Technical Sentiment Signal: Hold

Current Market Cap: HK$111.4B

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

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