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Huzhou Gas Co., Ltd. Updates on Cooperation with City Group Amid Market Adjustments

Story Highlights
  • Huzhou Gas Co., Ltd. operates in the gas industry, focusing on gas-related products.
  • The company anticipates increased demand as City Group progresses with housing projects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Huzhou Gas Co., Ltd. Updates on Cooperation with City Group Amid Market Adjustments

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Huzhou Gas Co., Ltd. Class H ( (HK:6661) ) has provided an announcement.

Huzhou Gas Co., Ltd. has announced further details regarding its ongoing connected transactions under the Cooperation Framework Agreement with City Group. The company has experienced low utilization rates of historical annual caps due to delays in City Group’s property projects, influenced by policy adjustments. Despite these challenges, Huzhou Gas anticipates increased demand for its products, such as alarm systems and air energy products, as City Group progresses with affordable housing projects. The company expects to achieve significant transactions in 2026, forecasting a recovery in Huzhou City’s real estate market.

More about Huzhou Gas Co., Ltd. Class H

Huzhou Gas Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the gas industry. The company focuses on providing gas-related products and services, with a particular emphasis on cooperating with City Group for property development projects in Huzhou City.

Average Trading Volume: 954

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.02B

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