The repurchase of debt by GCL Newenergy may bring about a ra...

Moomoo AI Oct 12, 2023 20:28

The repurchase of debt by GCL Newenergy may bring about a rapid improvement in cash flow and lay the foundation for its natural gas project and smart photovoltaic project in Ethiopia-Djibouti. In addition, the improvement in debt conditions may give birth to the company's accelerated transformation from a builder of photovoltaic power stations to a leading global operator of photovoltaic power stations.

GCL Newenergy (00451) will complete the long march of repaying a debt of 0.5 billion US dollars.

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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