CN ANCHU ENERGY (02399) Signs MOU with Guo Heng for Potential Investment in Energy Projects

Stock News

Nov 27, 2025

CN ANCHU ENERGY (02399) announced that the company has entered into a non-legally binding memorandum of understanding (MOU) with Guo Heng Group Pte. Ltd. (Guo Heng) for strategic cooperation. The potential collaboration may involve Guo Heng subscribing to new shares or other securities of the company permitted under the Hong Kong Stock Exchange's listing rules, aiming to further invest in and participate in the company's energy-related projects. These projects include the development of new energy power stations and research in energy storage technology. According to information provided by Guo Heng, the group operates as an international business enterprise with diversified interests spanning investments, real estate, mining, new energy, and internet technology.

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