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Shandong Hi-Speed Holdings Enters EPC Contract for Wind Farm Project

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Shandong Hi-Speed Holdings Enters EPC Contract for Wind Farm Project

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An update from Shandong Hi-Speed Holdings Group Limited ( (HK:0412) ) is now available.

Shandong Hi-Speed Holdings Group Limited has announced that its subsidiary, Zhaoping Shangao, has entered into an EPC contract with CCCC FHEC, FHSW Engineering, and PowerChina Henan for a 100MW wind farm project in Guangxi, China. This transaction, valued at approximately RMB674.6 million, is considered a discloseable transaction under Hong Kong’s Listing Rules, indicating its significance for the company’s strategic expansion in renewable energy.

The most recent analyst rating on (HK:0412) stock is a Hold with a HK$1.50 price target. To see the full list of analyst forecasts on Shandong Hi-Speed Holdings Group Limited stock, see the HK:0412 Stock Forecast page.

More about Shandong Hi-Speed Holdings Group Limited

Average Trading Volume: 185,161,888

Technical Sentiment Signal: Sell

Current Market Cap: HK$9.81B

For a thorough assessment of 0412 stock, go to TipRanks’ Stock Analysis page.

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