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Beijing Energy International’s Subsidiary Secures Lease Agreement

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Beijing Energy International’s Subsidiary Secures Lease Agreement

Confident Investing Starts Here:

An announcement from Beijing Energy International Holding ( (HK:0686) ) is now available.

Beijing Energy International Holding’s subsidiary, BEJN, has entered into a lease agreement with Beijing Jingneng Housing Leasing, a subsidiary of its controlling shareholder, BEH. The lease, which spans from March 2025 to March 2028, involves a property in Beijing and will be recognized as a right-of-use asset valued at approximately RMB25,260,000. This transaction is classified as a connected transaction under Hong Kong’s Listing Rules, requiring reporting and announcement but exempt from independent shareholder approval due to its size.

More about Beijing Energy International Holding

Technical Sentiment Signal: Hold

Current Market Cap: $291.9M

For a thorough assessment of 0686 stock, go to TipRanks’ Stock Analysis page.

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