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Renaissance United Limited ( (SG:I11) ) has issued an announcement.
Renaissance United Limited announced that new gas pricing policies implemented by local authorities in its Anlu and Dawu concessions in China are expected to positively impact the financial performance of its subsidiary, HZLH. The new pricing, effective from August 2025, aligns residential gas prices with upstream purchase costs, allowing for better operational management and financial stability for the Group.
More about Renaissance United Limited
Renaissance United Limited, incorporated in Singapore, operates in the energy sector through its subsidiary Hubei Zonglianhuan Energy Investment Group Management Inc (HZLH), focusing on residential gas supply in China.
Current Market Cap: S$6.18M
For an in-depth examination of I11 stock, go to TipRanks’ Overview page.