China Suntien Boosts Offshore Wind Power Capital
Company Announcements

China Suntien Boosts Offshore Wind Power Capital

China Suntien Green Energy Corporation Limited Class H (HK:0956) has released an update.

China Suntien Green Energy Corporation Limited has announced a significant capital increase of RMB708.89 million for its Offshore Wind Power project to support ongoing investments and construction. The company will contribute RMB364.37 million, with HECIC and JEI adding RMB25.52 million and RMB319.00 million respectively. This move is set to boost the registered capital to RMB1,820.00 million, positioning the company to enhance its offshore wind power initiatives.

For further insights into HK:0956 stock, check out TipRanks’ Stock Analysis page.

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