China Singyes Solar Technologies Holdings (HK:0750) has released an update.
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China Shuifa Singyes Energy Holdings has entered into an investment agreement with China Cinda, resulting in the latter acquiring an effective 19.2% interest in Shuifa Clean Energy. The transaction involves reorganizing equity interests in subsidiaries and capital commitments worth over RMB 221 million. These changes aim to boost the company’s investment potential while complying with Hong Kong’s listing rules.
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