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Yankuang Energy Group Announces H Share Repurchase Plan

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Yankuang Energy Group Announces H Share Repurchase Plan

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An update from Yankuang Energy Group Company Limited Class H ( (HK:1171) ) is now available.

Yankuang Energy Group Company Limited has announced a plan to repurchase its H shares, with the total amount ranging from RMB 150 million to RMB 400 million. This move is aimed at reducing the company’s registered capital. Creditors are notified of their rights to require the company to settle debts or provide guarantees, with a 45-day period to submit claims.

The most recent analyst rating on (HK:1171) stock is a Hold with a HK$10.00 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 limited company incorporated in the People’s Republic of China. It operates in the energy sector, primarily focusing on the production and distribution of energy products.

Average Trading Volume: 44,101,090

Technical Sentiment Signal: Buy

Current Market Cap: HK$121.3B

For detailed information about 1171 stock, go to TipRanks’ Stock Analysis page.

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