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China Green Agriculture Inc (CGA) provides investors and industry stakeholders with timely updates through this comprehensive news hub. Track all official press releases and market-relevant developments from the Xi'an-based agrochemical specialist.
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Enlightify Inc. (NYSE: ENFY) has announced a strategic partnership with Gaintime Industry-Finance Venture Capital Fund Management to develop and invest in global renewable energy projects. The collaboration, formalized on February 5, 2025, will establish the Overseas Ready-to-Build Development Fund, targeting solar, wind, and hydropower initiatives worldwide.
The partnership aims to develop 500 MW of renewable energy projects annually, initially focusing on European and Southeast Asian markets. Several projects ranging from 30 MW to 287 MW are already identified in Bulgaria, Italy, Spain, Bosnia, and Romania, with some having secured necessary permits.
Enlightify Inc. (NYSE: ENFY) has announced a strategic partnership with Gaintime Fund to develop and invest in global renewable energy projects. The collaboration, formalized on Feb. 5, 2025, will establish the "Overseas Ready-to-Build Development Fund," with Enlightify serving as the partner and Gaintime Fund as the fund manager.
The partnership aims to develop at least 500 MW of renewable energy projects annually, focusing initially on European and Southeast Asian markets. The portfolio includes projects in Bulgaria, Italy, Spain, Bosnia, and Romania, with capacities ranging from 30 MW to 287 MW. Several projects have already secured necessary permits and approvals.
The collaboration will focus on solar, wind, and hydropower initiatives, with both parties establishing high-level consultation and coordination mechanisms for efficient project execution.
Enlightify Inc. (NYSE: ENFY), a Chinese producer and distributor of humic acid-based compound fertilizers, has announced a share repurchase program approved by its board of directors. The company plans to repurchase up to 2,000,000 shares of its common stock at a price not exceeding $3.00 per share.
The program is scheduled to be completed by the end of 2025, with progress updates to be disclosed in quarterly and annual reports. Repurchases may be executed through open market purchases, privately negotiated transactions, or other methods, subject to securities laws compliance. CEO Zhuoyu Li stated that the program reflects confidence in the company's long-term growth and commitment to shareholder value, noting current market undervaluation.
The execution will depend on market conditions, financial position, and adherence to the price cap, with the company reserving the right to modify, suspend, or terminate the program without prior notice.
China Green Agriculture (NYSE: CGA) announced its corporate rebranding to Enlightify Inc., effective November 25, 2024. The company will begin trading under the new ticker symbol ENFY on November 26, 2024. The organization maintains its core business focus on producing and distributing humic acid-based compound fertilizers and other agricultural products through its Chinese subsidiaries.
China Green Agriculture, Inc. (NYSE: CGA) has received a notice from the NYSE for failing to timely file its Quarterly Report on Form 10-Q for the period ended September 30, 2022. The company cited COVID-19 pandemic restrictions in China as the reason for the delay. While the NYSE allows a six-month window to file, failure to comply may lead to delisting. The company has been assigned a 'LF' indicator for late filing status and is actively working with its accounting firm to complete the report.
China Green Agriculture, Inc. (NYSE: CGA) announced on November 14, 2022, that it has been removed from the NYSE's late filers' list after filing its delayed Annual Report on Form 10-K for the fiscal year ending June 30, 2022. This marks a significant step in fulfilling its financial reporting obligations. The company specializes in producing humic acid-based fertilizers and operates through several subsidiaries.