China Longyuan Power Group Transfers Equity in United Power
China Longyuan Power Group is transferring a 60% equity interest in United Power to CHN Energy New Energy, effective November 14, 2025. This transaction will result in China Longyuan Power ceasing its equity interest in United Power. The transaction is subject to reporting and announcement requirements but does not require independent shareholders' approval. The latest analyst rating for China Longyuan Power Group stock is a Hold with a HK$7.00 price target.
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The latest update is out from China Longyuan Power Group ( (HK:0916) ).
China Longyuan Power Group has announced a connected transaction involving the transfer of a 60% equity interest in United Power to CHN Energy New Energy. This transaction, effective from November 14, 2025, will result in China Longyuan Power Group ceasing to hold any equity interest in United Power, impacting its association with the company. The transaction is subject to reporting and announcement requirements under the Listing Rules but is exempt from independent shareholders’ approval.
The most recent analyst rating on (HK:0916) stock is a Hold with a HK$7.00 price target. To see the full list of analyst forecasts on China Longyuan Power Group stock, see the HK:0916 Stock Forecast page.
More about China Longyuan Power Group
Average Trading Volume: 32,004,199
Technical Sentiment Signal: Buy
Current Market Cap: HK$121B
