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Shunfeng International Clean Energy ( (HK:1165) ) has issued an update.
Shunfeng International Clean Energy Limited has announced updates on its action plans to resolve a disclaimer of opinion issued by its auditor concerning the company’s financial statements for 2024. The company is actively engaged in negotiations with major creditors and potential investors to implement a debt restructuring plan. Several creditors have expressed support for the restructuring efforts, and potential investors have shown interest, with some having completed due diligence and proposed preliminary restructuring terms. The company aims to finalize the restructuring agreement by the end of December 2025, with ongoing discussions and support from key stakeholders.
More about Shunfeng International Clean Energy
Shunfeng International Clean Energy Limited operates in the clean energy sector, focusing on renewable energy solutions. The company is engaged in the development and management of solar power projects and other clean energy initiatives, aiming to provide sustainable energy solutions globally.
YTD Price Performance: -26.92%
Average Trading Volume: 14,488,818
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$96.57M
Learn more about 1165 stock on TipRanks’ Stock Analysis page.