IRICO Group New Energy Co. Ltd. Class H (HK:0438) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
IRICO Group New Energy Co. Ltd. has entered into significant transactions involving master purchase and sales agreements with connected parties, including a major acquisition of a waste heat power generation system. The company is engaging in these continuing connected transactions to enhance its operational capabilities and financial cooperation. These transactions are subject to regulatory requirements due to the involvement of connected persons and exceed certain financial thresholds.
For further insights into HK:0438 stock, check out TipRanks’ Stock Analysis page.