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China Resources Power Holdings Co ( (HK:0836) ) has issued an update.
China Resources Power Holdings has signed a supplemental framework agreement with its controlling shareholder, China Resources (Holdings) Company Limited (CRH), to substantially increase the annual caps for gas product purchases for 2026 and 2027, raising each year’s cap from RMB100 million to RMB350 million. The move reflects the group’s strategy to centralize and consolidate procurement with the CRH Group from 2026 onwards to improve cost and time efficiency, shifting volume away from independent third-party suppliers; under Hong Kong listing rules, the revised caps constitute continuing connected transactions requiring reporting and announcement but are exempt from independent shareholders’ approval, underscoring closer intra-group collaboration while maintaining compliance with connected-transaction regulations.
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 is a Hong Kong–incorporated power company engaged in the generation and sale of electricity and related energy services, with operations that increasingly involve integrated energy solutions and gas-related products across mainland China.
Average Trading Volume: 12,339,190
Technical Sentiment Signal: Hold
Current Market Cap: HK$90.24B
For an in-depth examination of 0836 stock, go to TipRanks’ Overview page.