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Sichuan Energy Investment Announces Key Connected Transactions and Lease Renewal

Story Highlights
  • Sichuan Energy Investment has entered into an EPC contract and an equipment procurement agreement.
  • The company renewed its substation leasing agreement with Changning Natural Gas for 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sichuan Energy Investment Announces Key Connected Transactions and Lease Renewal

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An announcement from Sichuan Energy Investment Development Co., Ltd. Class H ( (HK:1713) ) is now available.

Sichuan Energy Investment Development Co., Ltd. announced several connected transactions, including an EPC contract with Yiliangruiyuan Hydropower and an equipment procurement agreement with Materials Industry Group. Additionally, the company has renewed a leasing agreement for substations with Changning Natural Gas for 2026. These transactions are subject to certain reporting requirements under the Hong Kong Listing Rules, reflecting the company’s ongoing strategic collaborations and operational expansions in the energy sector.

The most recent analyst rating on (HK:1713) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Sichuan Energy Investment Development Co., Ltd. Class H stock, see the HK:1713 Stock Forecast page.

More about Sichuan Energy Investment Development Co., Ltd. Class H

Sichuan Energy Investment Development Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, primarily involved in energy investment and development. The company focuses on projects related to hydropower and electric power design, and is a significant player in the energy sector.

Average Trading Volume: 100,422

Technical Sentiment Signal: Buy

Current Market Cap: HK$2.65B

See more data about 1713 stock on TipRanks’ Stock Analysis page.

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