China Suntien Green Energy Refocuses on Wind and Gas

China Suntien Green Energy Corporation Limited Class H (HK:0956) has released an update.

China Suntien Green Energy Corporation Limited is shifting its focus to wind power and natural gas by divesting its photovoltaic business, aiming to enhance its core competitiveness. The company has entered into a new non-competition arrangement with its controlling shareholder HECIC, which requires approval from independent shareholders. The strategic move is expected to streamline operations and bolster its position in the green energy sector.

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