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Shandong Hi-Speed Completes Key Repurchases

Shandong Hi-Speed Completes Key Repurchases

Shandong Hi-Speed New Energy Group Limited (HK:1250) has released an update.

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Shandong Hi-Speed New Energy Group Limited has successfully completed the repurchase agreements, leading to Thermal Co becoming its indirect wholly-owned subsidiary, with a reduced registered capital. The company’s financial results will continue to be consolidated following the repurchases completed in April 2024.

For further insights into HK:1250 stock, check out TipRanks’ Stock Analysis page.

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