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China Suntien Green Energy Announces 2025 EGM to Approve Key Loan Agreement

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China Suntien Green Energy Announces 2025 EGM to Approve Key Loan Agreement

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

China Suntien Green Energy Corporation Limited has announced its First Extraordinary General Meeting (EGM) for 2025, set to take place on March 12. The main agenda of the EGM includes the approval of a loan agreement to provide financial support to a subsidiary, Caofeidian Suntien Liquefied Natural Gas Co., Ltd., using proceeds from the issuance of perpetual medium-term notes. This move is part of the company’s strategic efforts to enhance its operational capacity and strengthen its position in the renewable energy market.

More about China Suntien Green Energy Corporation Limited Class H

China Suntien Green Energy Corporation Limited operates in the renewable energy sector, focusing on the development and management of green energy projects. The company is involved in the production and distribution of renewable energy resources, with a market focus primarily within the People’s Republic of China.

YTD Price Performance: 2.72%

Average Trading Volume: 13,162,197

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$32.38B

Learn more about 0956 stock on TipRanks’ Stock Analysis page.

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