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Foran Energy Group (002911.SZ): plans to invest 0.2 billion yuan to establish a joint venture company, South Grid Cloud Electricity.
Glory Exchange, December 19 - Foran Energy Group (002911.SZ) announced that the company plans to become a shareholder and jointly invest with its controlling shareholder Foshan Holding Group, Funeng Oriental Equipment Technology, Huiyuan Tong, Neusoft IoT, and Foshan Industrial Investment to establish Guangdong Province Nanning Cloud Electric Control Co., Ltd. (tentative name, hereinafter referred to as "Nanning Cloud Electric"). The main investment will focus on emerging energy industries, electrical utilities, and their equipment manufacturing. Recently, the company, together with Foshan Holding Group, Funeng Oriental Equipment Technology, Huiyuan Tong, Neusoft IoT, and Foshan Industrial Investment, signed the "Investment Cooperation Agreement" in Foshan City to jointly invest in the establishment of Nanning Cloud Electric.
Foran Energy Group (SZSE:002911) Jumps 6.2% This Week, Though Earnings Growth Is Still Tracking Behind Five-year Shareholder Returns
Foran Energy Group (002911.SZ) plans to apply for the issuance of debt financing instruments not exceeding 5 billion yuan.
Foran Energy Group (002911.SZ) announced that to further expand the company's financing channels and optimize funding sources, it will...
Foran Energy Group (002911.SZ): Plans to use no more than 1 billion yuan of temporarily idle self-owned funds for cash management.
On December 10, Glorify announced that Foran Energy Group (002911.SZ) held its 13th session of the 6th Board of Directors meeting on December 10, 2024, where it discussed and approved the proposal "Regarding the company's use of part of its temporarily idle self-owned funds for cash management". The company agreed to use no more than 1 billion RMB (or equivalent foreign currency) of temporarily idle self-owned funds for cash management, provided it does not affect normal Operations and ensures fund safety, to purchase low-risk cash management products with high security and good liquidity. The validity period of the limit is 12 months from the date of this Board of Directors' approval.
Press Release: Foran Enters Into Option Agreement With Voyageur Mineral Explorers to Unlock Opportunity Along the Tesla Trend
hk & china gas (0003.HK) signed a strategic cooperation agreement with foran energy group for a green methanol business, aiming for an annual production of one million tons of green fuel.
On November 25, 2024, hk & china gas (0003.HK) and Foran Energy Group Limited (hereinafter referred to as 'Foran Energy') signed the Green Fuel and Chemical Project Cooperation Framework Agreement today. hk & china gas and Foran Energy will jointly establish an investment platform to promote the development of the green economy.
Foran Energy Group (SZSE:002911) Shareholders Have Earned a 16% CAGR Over the Last Three Years