China Longyuan Power Group Transfers Equity in United Power

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2025.11.14 14:13
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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.