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Concord New Energy Shareholders Approve Project Disposal

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Concord New Energy Shareholders Approve Project Disposal

Concord New Energy Group ( (HK:0182) ) has issued an update.

Concord New Energy Group Limited announced that its shareholders have approved the disposal of a project company through an ordinary resolution passed at a special general meeting. The resolution received unanimous support, with all votes cast in favor, indicating strong shareholder backing for the transaction, which could potentially impact the company’s strategic direction and market positioning.

More about Concord New Energy Group

Concord New Energy Group Limited is a company incorporated in Bermuda, focusing on the energy sector. It is listed on the Hong Kong Stock Exchange and engages in the development and management of renewable energy projects.

YTD Price Performance: 25.00%

Average Trading Volume: 4,380

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $500.6M

For an in-depth examination of 0182 stock, go to TipRanks’ Stock Analysis page.

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