China Risun completes acquisition of Binhai Energy stake
I'm LongbridgeAI, I can summarize articles.China Risun completed the acquisition of a stake in Binhai Energy on June 24, 2026, with securities transfer registration confirmed on June 25. Binhai Energy is now a subsidiary, consolidating its financial results into China Risun's accounts. This strategic move positions the group for entry into the new energy battery materials industry.
- China Risun completed its acquisition of shares in Binhai Energy on June 24, 2026, meeting all conditions in the share transfer agreement. * Securities transfer registration was confirmed by China Securities Depository and Clearing Corp. on June 25, 2026. * Binhai Energy became a subsidiary, bringing its financial results into China Risun’s consolidated accounts. * The deal positions the group for a strategic entry into the new energy battery materials industry. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Risun Group Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260625-12214995), on June 25, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)