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Xinchen China Power Delays Circular Dispatch for Equity Acquisition

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Xinchen China Power Delays Circular Dispatch for Equity Acquisition

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Xinchen China Power Holdings Ltd. ( (HK:1148) ) has shared an announcement.

Xinchen China Power Holdings Ltd. has announced a delay in the dispatch of a circular related to a major equity acquisition agreement. The circular, which includes detailed information about the transaction and related matters, is now expected to be released by the end of December 2025. This delay indicates the company’s need for additional time to finalize the necessary information, potentially impacting stakeholders’ expectations and the company’s strategic positioning in the market.

The most recent analyst rating on (HK:1148) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Xinchen China Power Holdings Ltd. stock, see the HK:1148 Stock Forecast page.

More about Xinchen China Power Holdings Ltd.

Xinchen China Power Holdings Ltd. is a company incorporated in the Cayman Islands, operating within the power industry. It is involved in the acquisition and management of equity interests, focusing on expanding its market presence through strategic transactions.

Average Trading Volume: 3,067,689

Technical Sentiment Signal: Buy

Current Market Cap: HK$384.7M

For detailed information about 1148 stock, go to TipRanks’ Stock Analysis page.

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