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An announcement from Yankuang Energy Group Company Limited Class H ( (HK:1171) ) is now available.
Yankuang Energy Group Company Limited announced that its subsidiary, Donghua Heavy Industry, has entered into an Equity Transfer Agreement to acquire 100% equity interest in High-End Support from Shandong Energy Equipment for RMB 344,847,433.48. This acquisition will make High-End Support a wholly-owned subsidiary of Yankuang Energy, potentially strengthening the company’s market position and operational capabilities in the energy sector.
The most recent analyst rating on (HK:1171) stock is a Sell with a HK$7.00 price target. To see the full list of analyst forecasts on Yankuang Energy Group Company Limited Class H stock, see the HK:1171 Stock Forecast page.
More about Yankuang Energy Group Company Limited Class H
Yankuang Energy Group Company Limited is a joint stock company incorporated in China, primarily operating in the energy sector. The company focuses on energy production and related services, with a significant market presence in China.
Average Trading Volume: 38,069,867
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$131.9B
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