China Longyuan Renews Connected Financial and Factoring Agreements Through 2028

Claim 70% Off TipRanks This Holiday SeasonUnlock hedge-fund level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialChina Longyuan Power Group ( (HK:0916) ) has provided an update. China Longyuan Power Group has renewed its financial services arrangements with China Energy Finance, entering into a new three-year agreement effective from 1 January 2026 to 31 December 2028, under which the affiliated finance company will continue to provide loans, deposit services and other financial services to support the group’s operations. The company has also renewed its factoring services arrangement with Guoneng Factoring for the same three-year period, ensuring continued access to factoring, supply chain finance platform services and related consultancy, agency and asset management support, with both agreements classified as continuing connected transactions due to the controlling shareholder CHN Energy’s majority stake, underscoring the group’s reliance on related-party financial platforms for liquidity and working capital management within regulatory constraints. 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 China Longyuan Power Group is a major Chinese power producer focused on renewable energy generation, particularly wind power, and operates within the broader CHN Energy group. Listed in Hong Kong, the company leverages group-affiliated financial institutions to support its capital-intensive operations and manage funding and working capital needs across its portfolio of power projects. Average Trading Volume: 22,180,003 Technical Sentiment Signal: Sell Current Market Cap: HK$106.7B For a thorough assessment of 0916 stock, go to TipRanks’ Stock Analysis page.