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China Ruifeng Renewable Energy Updates on Rights Issue and Share Option Scheme

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China Ruifeng Renewable Energy Updates on Rights Issue and Share Option Scheme

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China Ruifeng Renewable Energy Holdings Ltd. ( (HK:0527) ) has issued an update.

China Ruifeng Renewable Energy Holdings Ltd. has issued a supplemental announcement to its 2024 Annual Report, providing additional details on its Rights Issue and Share Option Scheme. The company plans to utilize the unutilized net proceeds from the Rights Issue for the repayment of Corporate Bonds by December 2025. Additionally, the Share Option Scheme currently has 39,582,816 shares available for issue, representing approximately 2.3% of the company’s issued shares. The announcement provides clarity on the status of share options granted to directors and employees, with most options having been exercised during the year.

More about China Ruifeng Renewable Energy Holdings Ltd.

China Ruifeng Renewable Energy Holdings Ltd. is a company involved in the renewable energy sector, focusing on the development and management of renewable energy projects. The company operates primarily in the wind energy industry, aiming to contribute to sustainable energy solutions.

Average Trading Volume: 906,584

Technical Sentiment Signal: Sell

Current Market Cap: HK$823.1M

For detailed information about 0527 stock, go to TipRanks’ Stock Analysis page.

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