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China Suntien Green Energy Corporation Limited Class H ( (HK:0956) ) has provided an announcement.
China Suntien Green Energy has agreed to sell its entire 55% stake in Hebei Gas to controlling shareholder HECIC for RMB24.62 million, valuing Hebei Gas’s total equity at about RMB44.77 million. The price was set through arm’s length negotiations based on an independent asset-based valuation as of 31 December 2025, with payment due in cash within 30 days of signing.
Following completion and registration of the equity transfer, Hebei Gas will cease to be a subsidiary of China Suntien and its results will no longer be consolidated into the group’s financial statements. The deal is treated as a connected transaction under Hong Kong listing rules but, given its size, only requires reporting and announcement, signaling a relatively small but strategic reshaping of the group’s gas-related portfolio and capital allocation.
The most recent analyst rating on (HK:0956) stock is a Buy with a HK$5.10 price target. To see the full list of analyst forecasts on China Suntien Green Energy Corporation Limited Class H stock, see the HK:0956 Stock Forecast page.
More about China Suntien Green Energy Corporation Limited Class H
China Suntien Green Energy Corporation Limited is a PRC-based energy company focused on clean energy businesses, including wind power, solar power and natural gas operations. Listed in Hong Kong, it operates within China’s broader green energy and gas distribution markets, often in cooperation with its controlling shareholder, Hebei Construction & Investment Group (HECIC).
Average Trading Volume: 8,549,576
Technical Sentiment Signal: Buy
Current Market Cap: HK$31.26B
Learn more about 0956 stock on TipRanks’ Stock Analysis page.