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China Ruifeng Renewable Energy Holdings Ltd. ( (HK:0527) ) has shared an announcement.
China Ruifeng Renewable Energy Holdings Ltd. has announced a further delay in the dispatch of a circular related to several proposed transactions, including the subscription of new shares and convertible bonds, and the acquisition of a 50% equity interest in a target company. The delay is primarily due to an extended internal approval process at Hebei Transportation Investment Group, which is necessary for the submission of a Whitewash Waiver application. This has resulted in the inability to finalize financial statements for FY2024 and prepare those for 1H2025, impacting the company’s ability to provide necessary financial information in the circular.
The most recent analyst rating on (HK:0527) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Ruifeng Renewable Energy Holdings Ltd. stock, see the HK:0527 Stock Forecast page.
More about China Ruifeng Renewable Energy Holdings Ltd.
China Ruifeng Renewable Energy Holdings Ltd. operates in the renewable energy sector, focusing on the development and management of wind power projects. The company is committed to expanding its market presence in the renewable energy industry through strategic acquisitions and investments.
Average Trading Volume: 6,883,861
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.29B
See more data about 0527 stock on TipRanks’ Stock Analysis page.