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Shanxi Installation Group Co., Ltd. Class H ( (HK:2520) ) has shared an announcement.
Shanxi Installation Group Co., Ltd. has announced a proposed change in the use of proceeds from its global offering, with approximately HK$476.1 million remaining unutilized. The board has approved reallocating these funds to support future centralized photovoltaic projects, wind power projects, clean heating projects, and other new energy initiatives, reflecting the company’s strategic focus on expanding its presence in the renewable energy sector.
More about Shanxi Installation Group Co., Ltd. Class H
Shanxi Installation Group Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on the installation industry. The company is involved in various sectors, including photovoltaic projects, wind power projects, clean heating projects, water treatment, solid waste disposal, and other new energy projects.
Average Trading Volume: 126,250
Technical Sentiment Signal: Sell
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