Xinte Energy Announces Delay in Circular Dispatch for Key Transactions

An update from Xinte Energy Co., Ltd. Class H ( (HK:1799) ) is now available.

Xinte Energy Co., Ltd. announced a further delay in the dispatch of a circular related to discloseable and continuing connected transactions under the Factoring Services Framework Agreement. The circular, which includes important transaction details and recommendations, was initially set to be dispatched by May 19, 2025, but has been postponed to on or before May 27, 2025, to allow additional time for preparation and finalization. This delay may impact stakeholders who are awaiting detailed information on the company’s ongoing transactions.

The most recent analyst rating on (HK:1799) stock is a Buy with a HK$9.40 price target. To see the full list of analyst forecasts on Xinte Energy Co., Ltd. Class H stock, see the HK:1799 Stock Forecast page.

More about Xinte Energy Co., Ltd. Class H

Xinte Energy Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating within the energy sector. The company is involved in providing energy-related services and products, with a focus on transactions and agreements that are significant within the industry.

Average Trading Volume: 2,687,482

Technical Sentiment Signal: Sell

Current Market Cap: HK$6.41B

For detailed information about 1799 stock, go to TipRanks’ Stock Analysis page.