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China LNG Group ( (HK:0931) ) has shared an update.
China HK Power Smart Energy Group Limited has entered into a Strategic Cooperation Framework Agreement with Shanghai Lingxiang Environmental Co., Ltd., Greenland Financial Technology Group Ltd., and Guizhou Green Gold Low Carbon Trading Center Co., Ltd. to advance green finance and carbon markets. The agreement aims to enhance the ‘Green Building + Carbon Credits + Green Finance’ model, focusing on building carbon credits’ development and trading. The collaboration seeks to achieve a market scale of 1 million tons of building carbon credits listed and 2 million tons of reserve development by 2025, with plans to expand into Hong Kong, Macau, and regions along the Belt and Road Initiative. This strategic move positions the company to leverage its international influence and attract investment, supporting the industry’s transition to low-carbon solutions.
More about China LNG Group
China HK Power Smart Energy Group Limited is a company incorporated in the Cayman Islands, focusing on the energy sector, particularly in green finance and carbon markets. The company aims to transform the industry through innovative solutions for low-carbon development, aligning with national ‘dual carbon’ goals.
Average Trading Volume: 2,726,812
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.93B
See more insights into 0931 stock on TipRanks’ Stock Analysis page.