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China Resources Power Renews Connected Financial Support Framework to 2028

Story Highlights
  • China Resources Power renewed a framework to fund New Energy (Liangshan) from 2026 to 2028.
  • The connected transaction stays within reporting thresholds, avoiding circular and shareholder approval needs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Resources Power Renews Connected Financial Support Framework to 2028

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China Resources Power Holdings Co ( (HK:0836) ) has provided an update.

China Resources Power Holdings Co. has renewed its intragroup funding arrangement, with wholly owned unit New Energy Holdings signing a new 2026 Framework Agreement to continue providing financial assistance to partly owned affiliate New Energy (Liangshan) from 1 January 2026 to 31 December 2028, subject to annual caps and implemented through separate underlying agreements. As New Energy (Liangshan) is deemed a connected person under Hong Kong listing rules, the financial support remains classified as continuing connected transactions; however, the deal size falls within thresholds that require reporting, annual review and public disclosure but exempt the company from issuing a circular, obtaining independent financial advice or seeking independent shareholders’ approval, indicating a routine renewal that maintains funding support for the group’s new energy operations without triggering heightened governance procedures.

The most recent analyst rating on (HK:0836) stock is a Buy with a HK$22.90 price target. To see the full list of analyst forecasts on China Resources Power Holdings Co stock, see the HK:0836 Stock Forecast page.

More about China Resources Power Holdings Co

China Resources Power Holdings Co., listed in Hong Kong, operates through subsidiaries in the power and new energy sector, with investments structured via entities such as New Energy Holdings and New Energy (Liangshan), in which it holds a 51% indirect stake alongside a 49% stake held by related party CR Sanjiu under the umbrella of controlling shareholder China Resources Co. (CRC).

Average Trading Volume: 12,648,926

Technical Sentiment Signal: Hold

Current Market Cap: HK$91.01B

See more data about 0836 stock on TipRanks’ Stock Analysis page.

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