tiprankstipranks
Trending News
More News >

Yankuang Energy Group Enters Strategic Agreements with RGL

Story Highlights
Yankuang Energy Group Enters Strategic Agreements with RGL

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

Yankuang Energy Group Company Limited has entered into two significant agreements with RGL, effective from January 1, 2025, to December 31, 2027. The agreements involve providing transportation and cargo agency services and engaging in the purchase and sale of bulk commodities, including coal and iron ore. These transactions are classified as continuing connected transactions under the Listing Rules, requiring reporting and announcement but exempt from shareholder approval due to their scale.

More about Yankuang Energy Group Company Limited Class H

Yankuang Energy Group Company Limited is a joint stock limited company incorporated in China, operating within the energy sector. The company focuses on providing transportation services, cargo agency services, and trading in bulk commodities such as coal and iron ore.

YTD Price Performance: -4.39%

Average Trading Volume: 1,250

Technical Sentiment Signal: Buy

Current Market Cap: $15.94B

See more data about 1171 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App