Concord New Energy Group (HK:0182) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Concord New Energy Group announced a significant purchase of solar power equipment valued at approximately RMB323 million to enhance its renewable energy projects. This transaction, involving a 500MW capacity, is classified as a discloseable transaction under Hong Kong’s listing rules, highlighting the company’s strategic investment in solar energy. This move is expected to bolster Concord New Energy’s position in the growing green energy sector.
For further insights into HK:0182 stock, check out TipRanks’ Stock Analysis page.
