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An announcement from Kong Sun Holdings Limited ( (HK:0295) ) is now available.
Kong Sun Holdings Limited announced an internal reorganization involving the transfer of equity interests in two subsidiaries, Datong Wantong New Energy Co., Ltd. and Huangshi Huangyuan Photovoltaic Power Development Limited, to another subsidiary, Jinan Tianguan Energy Technology Co., Ltd. This reorganization included new security arrangements with Hebei Financial Leasing Co., Ltd. to secure existing loans, but it does not materially impact the company’s financial condition or constitute a notifiable transaction under Hong Kong Stock Exchange rules.
The most recent analyst rating on (HK:0295) stock is a Sell with a HK$0.02 price target. To see the full list of analyst forecasts on Kong Sun Holdings Limited stock, see the HK:0295 Stock Forecast page.
More about Kong Sun Holdings Limited
Kong Sun Holdings Limited is a company incorporated in Hong Kong, focusing on the energy sector with a particular emphasis on photovoltaic power development through its subsidiaries.
YTD Price Performance: -10.53%
Average Trading Volume: 4,561,810
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$254.4M
See more data about 0295 stock on TipRanks’ Stock Analysis page.