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The latest announcement is out from China Ruifeng Renewable Energy Holdings Ltd. ( (HK:0527) ).
China Ruifeng Renewable Energy Holdings Ltd. announced a further delay in the dispatch of a circular related to several proposed financial transactions, including the subscription of new shares and convertible bonds, as well as the acquisition of a 50% equity interest in a target company. The delay is due to the need for additional time to prepare necessary financial statements and obtain required approvals. The company aims to finalize these documents by the end of August 2025, with the Executive indicating a willingness to grant an extension for the dispatch of the circular. This delay could impact the company’s operational timelines and stakeholder expectations.
More about China Ruifeng Renewable Energy Holdings Ltd.
China Ruifeng Renewable Energy Holdings Ltd. is a company incorporated in the Cayman Islands, operating in the renewable energy sector. The company is involved in the production and distribution of renewable energy, focusing on sustainable energy solutions.
Average Trading Volume: 1,100,390
Technical Sentiment Signal: Sell
Current Market Cap: HK$754.5M
Learn more about 0527 stock on TipRanks’ Stock Analysis page.