tiprankstipranks
Trending News
More News >

China Qinfa Group Announces Key Agreements for Approval at EGM

Story Highlights
  • China Qinfa Group Ltd. plans to approve agreements involving the sale of Perpetual Goodluck Limited.
  • The agreements include corporate guarantees for Shanxi Huameiao Energy Group’s bank loans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Qinfa Group Announces Key Agreements for Approval at EGM

Don’t Miss TipRanks’ Half-Year Sale

China Qinfa Group Ltd. ( (HK:0866) ) has provided an update.

China Qinfa Group Ltd. has announced an extraordinary general meeting to approve a sale and purchase agreement and a corporate guarantee agreement. These agreements involve the sale of Perpetual Goodluck Limited’s entire issued share capital and the provision of corporate guarantees for existing bank loans of Shanxi Huameiao Energy Group Company Limited. The approval of these agreements could impact the company’s financial structure and stakeholder interests.

More about China Qinfa Group Ltd.

China Qinfa Group Ltd. is a company incorporated in the Cayman Islands, operating with limited liability. It is involved in international trading and logistics, with a focus on energy resources.

Average Trading Volume: 5,449,230

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.78B

Find detailed analytics on 0866 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1