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An announcement from Concord New Energy Group ( (HK:0182) ) is now available.
Concord New Energy Group Limited announced that its wholly-owned subsidiaries have entered into EPC Agreements with DaeBo as the contractor for multiple projects, with a total contract price of approximately KRW29,498.80 million (around HK$159.29 million). These agreements, which involve design, engineering, procurement, construction, and commissioning services, are considered a discloseable transaction under Hong Kong’s Listing Rules due to their size. The completion of these works is expected by the end of August 2026, potentially enhancing the company’s operational capacity and market presence in the renewable energy sector.
The most recent analyst rating on (HK:0182) stock is a Buy with a HK$0.50 price target. To see the full list of analyst forecasts on Concord New Energy Group stock, see the HK:0182 Stock Forecast page.
More about Concord New Energy Group
Concord New Energy Group Limited is a company incorporated in Bermuda, primarily engaged in the renewable energy sector. The company focuses on the development, construction, and operation of clean energy projects.
Average Trading Volume: 12,901,544
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.95B
For an in-depth examination of 0182 stock, go to TipRanks’ Overview page.