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Towngas China Expands with Strategic Acquisition
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Towngas China Expands with Strategic Acquisition

Towngas China Co (HK:1083) has released an update.

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Towngas China Co has announced a connected transaction involving the acquisition of a 55% equity interest in Changzhou Towngas China Smart Energy Co., Ltd. for RMB57,136,930. This acquisition will integrate the target company’s renewable energy projects into Towngas China Co’s portfolio, enhancing its position in the smart energy sector.

For further insights into HK:1083 stock, check out TipRanks’ Stock Analysis page.

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