China Longyuan Power Group (HK:0916) has released an update.
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China Longyuan Power Group has announced the renewal of its financial services agreement with China Energy Finance, extending their partnership into 2025. The new agreement continues to provide the group with loan and deposit services on favorable terms compared to independent third parties, with certain services exempt from shareholder approval due to their commercial nature. This move reflects the company’s ongoing strategy to secure competitive financial arrangements for its operations.
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