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An announcement from Concord New Energy Group ( (HK:0182) ) is now available.
Concord New Energy Group Limited has announced a major transaction involving the disposal of its 100% interest in Taiming Company to ACWA for approximately RMB636,241,000. This transaction, along with previous disposals aggregated within the past 12 months, constitutes a major transaction under the Hong Kong Listing Rules, requiring shareholder approval. The sale is expected to impact the company’s financials and strategic positioning in the renewable energy sector.
More about Concord New Energy Group
Concord New Energy Group Limited is involved in the renewable energy sector, focusing primarily on wind power projects. The company operates and invests in energy projects across various regions, aiming to expand its footprint in the clean energy market.
YTD Price Performance: -2.67%
Average Trading Volume: 13,200
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $479.2M
See more data about 0182 stock on TipRanks’ Stock Analysis page.
