GCL New Energy Holdings (HK:0451) has released an update.
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GCL New Energy Holdings has renewed service agreements for 2024 with its subsidiaries, Suzhou GCL Technology and Wuhan Huaxin, to provide operation and management services. The agreements, valued at RMB6,285,000 and RMB305,000 respectively, are part of the company’s strategy to maintain seamless operations across its units. These transactions, deemed connected under Hong Kong’s Listing Rules, require reporting and annual review.
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