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China Shuifa Singyes Energy Provides Update on EPC Transactions

Story Highlights
  • China Shuifa Singyes Energy focuses on EPC services in the renewable energy sector.
  • The company confirms compliance with fair business practices and Hong Kong listing rules.
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China Shuifa Singyes Energy Provides Update on EPC Transactions

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China Singyes Solar Technologies Holdings ( (HK:0750) ) has issued an update.

China Shuifa Singyes Energy Holdings Limited has provided additional information regarding its annual and interim reports, focusing on its EPC General Contracting Service Framework Agreement with Shuifa Group. The agreement, which spans from November 2024 to December 2026, outlines significant annual caps for transactions, with the 2024 contract amount reaching RMB517,355,000. The company’s independent non-executive directors and auditors have reviewed these transactions, confirming their alignment with fair business practices and compliance with Hong Kong’s listing rules, ensuring transparency and shareholder interest.

The most recent analyst rating on (HK:0750) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Singyes Solar Technologies Holdings stock, see the HK:0750 Stock Forecast page.

More about China Singyes Solar Technologies Holdings

China Shuifa Singyes Energy Holdings Limited operates in the renewable energy sector, focusing on providing engineering, procurement, and construction (EPC) services. The company is involved in contracting EPC and related services, primarily through agreements with entities like Shuifa Group.

Average Trading Volume: 936,387

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$693.3M

For a thorough assessment of 0750 stock, go to TipRanks’ Stock Analysis page.

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