Shandong Hi-Speed Expands with New Equipment Deal

Shandong Hi-Speed New Energy Group Limited (HK:1250) has released an update.

Shandong Hi-Speed New Energy Group Limited’s subsidiaries have entered into equipment purchase agreements with Shanghai Electric to acquire 15 sets of 6.25MW equipment. This transaction, categorized as discloseable under Hong Kong’s listing rules, reflects strategic expansion efforts in their energy sector investments. The agreement is valued at RMB71,261,250, covering a comprehensive delivery and payment plan.

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