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An update from China Ruifeng Renewable Energy Holdings Ltd. ( (HK:0527) ) is now available.
China Ruifeng Renewable Energy Holdings Ltd. has announced a further delay in the dispatch of a circular related to its proposed subscription of new shares and convertible bonds, as well as a possible acquisition of a 50% equity interest in a target company. The delay is attributed to pending consents and approvals from relevant authorities and the completion of financial audits. The company has applied for an extension to the dispatch deadline, now expected by May 31, 2025, and advises shareholders to exercise caution.
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 engaged in producing and supplying renewable energy, primarily through its wind farms, aiming to contribute to sustainable energy solutions.
YTD Price Performance: -20.0%
Average Trading Volume: 1,340,122
Technical Sentiment Signal: Buy
Current Market Cap: HK$891.7M
For an in-depth examination of 0527 stock, go to TipRanks’ Stock Analysis page.