The latest update is out from Concord New Energy Group ( (HK:0182) ).
Concord New Energy Group Limited, through its subsidiary Tianjin Huaxing, has entered into a purchase contract with JinkoSolar for photovoltaic power equipment valued at approximately RMB51.95 million. This transaction, which is part of a 50 MW photovoltaic power generation project in Hebei Province, China, is classified as a discloseable transaction under Hong Kong’s Listing Rules, requiring notification and publication. The deal includes a performance guarantee and a 12-year warranty from JinkoSolar, with payment structured in installments and delivery expected by the end of May 2025.
More about Concord New Energy Group
Concord New Energy Group Limited is a company incorporated in Bermuda, focusing on the renewable energy sector, particularly in photovoltaic power generation. The company is involved in the development and operation of renewable energy projects, with a market focus on sustainable energy solutions.
YTD Price Performance: 25.00%
Average Trading Volume: 4,380
Technical Sentiment Signal: Sell
Current Market Cap: $464.9M
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