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Shandong Hi-Speed New Energy Group Limited ( (HK:1250) ) has provided an update.
Shandong Hi-Speed New Energy Group Limited has been approved for a 50MW wind power project in Shanxi Province, marking its first breakthrough in the region as part of China’s national initiative to enhance rural energy infrastructure. This project is expected to bolster the company’s presence in the new energy sector while supporting the local economy and environmental sustainability.
More about Shandong Hi-Speed New Energy Group Limited
Shandong Hi-Speed New Energy Group Limited operates within the new energy sector, focusing on wind power projects and leveraging its capital, resources, and brand empowerment from Shandong Hi-Speed Group Co. Ltd. The company aims to contribute to rural revitalization and the green, low-carbon transformation of rural energy.
YTD Price Performance: 0.57%
Average Trading Volume: 703,986
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$3.95B
For a thorough assessment of 1250 stock, go to TipRanks’ Stock Analysis page.