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Shandong Hi-Speed New Energy Secures Waiver Extension and Restores Public Float

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Shandong Hi-Speed New Energy Secures Waiver Extension and Restores Public Float

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Shandong Hi-Speed New Energy Group Limited ( (HK:1250) ) just unveiled an announcement.

Shandong Hi-Speed New Energy Group Limited has been granted an extension of a waiver from the Hong Kong Stock Exchange regarding the minimum public float requirement, which mandates that at least 25% of a company’s shares be held by the public. The company had fallen short of this requirement, with only 21.31% of its shares publicly held. The extension allowed the company additional time to make necessary arrangements to restore compliance. By November 28, 2025, the company successfully restored its public float to the required 25% through a series of share disposals.

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: 1,700,505

Technical Sentiment Signal: Buy

Current Market Cap: HK$4.7B

See more insights into 1250 stock on TipRanks’ Stock Analysis page.

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