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Shanghai Electric Group Company ( (HK:2727) ) has shared an update.
Shanghai Electric Group Company has approved the sale of 100% equity stakes in five biomass power generation project companies in Anhui and Jiangsu provinces to its controlling shareholder, Shanghai Electric (Group) Corporation, via non-public transfer agreements. The consideration for the disposal is based on an appraised combined equity value of about RMB426.91 million as of 31 October 2025, subject to final valuation filings with state-owned assets regulators.
After completion, the five project companies will no longer be subsidiaries, and their financial results will be deconsolidated from Shanghai Electric’s accounts, marking a full exit from its major biomass power generation operations. Management positions the move as a disposal of non-core assets that will release working capital for day-to-day operations and support the sustainable growth of core businesses, while the connected-transaction structure triggers disclosure requirements under Hong Kong listing rules but does not require a shareholder circular or independent shareholder approval.
The most recent analyst rating on (HK:2727) stock is a Buy with a HK$4.20 price target. To see the full list of analyst forecasts on Shanghai Electric Group Company stock, see the HK:2727 Stock Forecast page.
More about Shanghai Electric Group Company
Shanghai Electric Group Company is a major Chinese equipment manufacturer with diversified operations spanning power generation, industrial equipment and related engineering services. Listed in Hong Kong, the company focuses on large-scale energy and infrastructure projects, aligning its portfolio with core businesses in conventional and emerging power technologies while pruning non-core assets to improve capital efficiency.
Average Trading Volume: 38,130,557
Technical Sentiment Signal: Buy
Current Market Cap: HK$126.9B
For a thorough assessment of 2727 stock, go to TipRanks’ Stock Analysis page.