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Xinte Energy Delays Circular Dispatch for Factoring Services Agreement

Story Highlights
  • Xinte Energy Co., Ltd. delays dispatch of a circular related to its Factoring Services Framework Agreement.
  • The circular, initially due by April 24, 2025, is now expected by May 9, 2025, affecting stakeholders awaiting transaction details.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

The latest update is out from Xinte Energy Co., Ltd. Class H ( (HK:1799) ).

Xinte Energy Co., Ltd. announced a delay in the dispatch of a circular related to its Factoring Services Framework Agreement, originally scheduled for release by April 24, 2025. The new expected dispatch date is on or before May 9, 2025, due to the need for additional time to prepare and finalize the necessary information. This postponement may impact shareholders and stakeholders who are awaiting detailed information and recommendations regarding the transactions under the agreement.

More about Xinte Energy Co., Ltd. Class H

Xinte Energy Co., Ltd. is a company incorporated in the People’s Republic of China, operating in the energy sector. It is listed on the Hong Kong Stock Exchange and is involved in providing energy solutions, with a focus on innovative energy technologies.

YTD Price Performance: -39.12%

Average Trading Volume: 2,999,800

Technical Sentiment Signal: Buy

Current Market Cap: HK$6.15B

Find detailed analytics on 1799 stock on TipRanks’ Stock Analysis page.

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