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Huadian Power International Forms Strategic Joint Venture

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An announcement from Huadian Power International ( (HK:1071) ) is now available.

Huadian Power International Corporation Limited announced the formal entry into an Investment Framework Agreement to form a Joint Venture Company with Shandong Luzhong Holding Group Co., Ltd and China Huadian Hong Kong Company Limited. This connected transaction has been approved by the company’s Board and independent directors, signifying a strategic move to enhance its operational capabilities and market presence.

More about Huadian Power International

Huadian Power International Corporation Limited is a Sino-foreign investment joint stock company incorporated in the People’s Republic of China. The company operates in the energy sector, focusing on power generation and related services.

YTD Price Performance: 17.17%

Average Trading Volume: 2,574

Technical Sentiment Signal: Strong Sell

Current Market Cap: $7.88B

For detailed information about 1071 stock, go to TipRanks’ Stock Analysis page.

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