CF Energy Corp CGFEF

Primary Symbol: V.CFY

Utilities Utilities - Regulated Gas

CF Energy Corp. is a Canadian integrated energy provider and natural gas distribution company (or natural gas utility) in the People's Republic of China (PRC). The Company is involved in natural gas distribution and sustainable energy utilization, serving residential, commercial and industrial users as well as electric vehicle (EV) battery swap service in the PRC. Its segments include gas distribution utility, integrated smart energy and smart mobility. The gas distribution utility segment comprises natural gas transmission and sales, including pipeline natural gas sales and liquified natural gas supply distribution sales and related service pipeline installation and connection sub-segments; compressed natural gas vehicle refueling station, and natural gas direct transmission. It provides an integrated smart energy system and an integrated district energy distribution service. The smart mobility segment operates EV battery swap stations, and trades EV to designated customers.

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CF Energy Corp > Changfeng Announces Hong Kong IPO Update

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Comment by TickBombon Jul 28, 2018 8:25am

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Post# 28380655

RE:RE:RE:RE:RE:RE:Changfeng Announces Hong Kong IPO Update

During the annual shareholder meeting they indicated that they don’t really need to raise that much money on the HKSE and to not expect a huge dilution. The primary purpose was liquidity. But of course it depends on what projects come up. They do have access to cheap green bonds from the Chinese government. But yes, don’t expect a huge chance to make money until the dual listing. But to me the price of the stock doesn’t matter. If it’s cheap I’ll just buy more. Would be nice to see 60 cents again.

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