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The latest announcement is out from China Ruifeng Renewable Energy Holdings Ltd. ( (HK:0527) ).
China Ruifeng Renewable Energy Holdings Ltd. has announced a monthly update regarding its proposed subscription of new shares, convertible bonds, and acquisition of a 50% equity interest in a target company. The completion of these transactions is contingent upon fulfilling certain conditions, none of which have been fully satisfied as of the announcement date. The company is actively communicating with relevant parties to facilitate progress, but no significant advancements have been made. The company has received consent to extend the deadline for dispatching the required circular to December 31, 2025, but warns that if conditions are not met by this date, the agreements will lapse.
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. is a company incorporated in the Cayman Islands, focusing on renewable energy solutions. It operates within the renewable energy sector, providing products and services aimed at sustainable energy development.
Average Trading Volume: 8,767,809
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.22B
See more insights into 0527 stock on TipRanks’ Stock Analysis page.