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The latest announcement is out from GCL New Energy Holdings ( (HK:0451) ).
GCL New Energy Holdings Limited has announced the continuation of its service agreements with Suzhou GCL Technology and GCL Solar Energy for 2025. These agreements, which involve operation, management, and asset management services, highlight the company’s ongoing commitment to its subsidiaries and its strategic positioning within the renewable energy sector. The transactions are classified as connected transactions under the Listing Rules, requiring reporting and annual review but exempt from independent shareholder approval.
The most recent analyst rating on (HK:0451) stock is a Sell with a HK$0.50 price target. To see the full list of analyst forecasts on GCL New Energy Holdings stock, see the HK:0451 Stock Forecast page.
More about GCL New Energy Holdings
GCL New Energy Holdings Limited operates in the renewable energy sector, focusing on providing operation, management, asset management, and administrative services. The company is involved in agreements with subsidiaries like Suzhou GCL Technology and GCL Solar Energy, reflecting its market focus on energy technology and solar energy services.
Average Trading Volume: 20,222,588
Technical Sentiment Signal: Hold
Current Market Cap: HK$1.04B
Find detailed analytics on 0451 stock on TipRanks’ Stock Analysis page.