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An announcement from Shandong Hi-Speed New Energy Group Limited ( (HK:1250) ) is now available.
Shandong Hi-Speed New Energy Group Limited and its subsidiary have entered into an EPC Contract with CCCC FHEC, FHSW Engineering, and PowerChina Henan for a 100MW wind farm project in Zhaoping County, Guangxi, China. The contract, valued at approximately RMB 674.6 million, involves the construction, engineering, and procurement services necessary for the wind farm, with a completion timeline of 791 days. This transaction is significant as it constitutes a discloseable transaction under the Hong Kong Stock Exchange Listing Rules, highlighting the company’s ongoing expansion in renewable energy projects.
The most recent analyst rating on (HK:1250) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Shandong Hi-Speed New Energy Group Limited stock, see the HK:1250 Stock Forecast page.
More about Shandong Hi-Speed New Energy Group Limited
Average Trading Volume: 1,698,244
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.63B
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