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Datang International Power Generation Co Announces 2025 Financial Services Agreement

Story Highlights
  • Datang International Power Generation Co enters a new financial agreement with Datang Finance.
  • The agreement requires independent shareholders’ approval due to its major transaction status.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Datang International Power Generation Co Announces 2025 Financial Services Agreement

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Datang International Power Generation Co ( (HK:0991) ) has issued an announcement.

Datang International Power Generation Co has announced a new 2025 Financial Services Agreement with Datang Finance Company, effective from January 1, 2026, to December 31, 2028. The agreement aims to enhance capital efficiency, reduce transaction costs, and improve capital utilization by providing deposit services, comprehensive credit services, and other financial services. The agreement is considered a major transaction and continuing connected transaction under Hong Kong’s Listing Rules due to the shareholding structure, requiring independent shareholders’ approval. The company has appointed an independent board committee and financial adviser to guide shareholders on the agreement’s terms.

The most recent analyst rating on (HK:0991) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Datang International Power Generation Co stock, see the HK:0991 Stock Forecast page.

More about Datang International Power Generation Co

Datang International Power Generation Co is a sino-foreign joint stock limited company incorporated in the People’s Republic of China. It operates in the power generation industry and is involved in providing electricity and related services.

Average Trading Volume: 51,397,290

Technical Sentiment Signal: Buy

Current Market Cap: HK$59.07B

For an in-depth examination of 0991 stock, go to TipRanks’ Overview page.

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