An announcement from Shandong Hi-Speed New Energy Group Limited ( (HK:1250) ) is now available.
Shandong Hi-Speed New Energy Group Limited, through its wholly-owned subsidiary Yangzhou SHNE, has entered into an EPC contract with Zhengchen Technology for a photovoltaic project in Yangzhou City. The contract, valued at RMB17,532,779.55, involves Zhengchen Technology providing comprehensive EPC services including design, procurement, construction, and commissioning. This transaction, while subject to certain reporting requirements under Hong Kong’s Listing Rules, does not require independent shareholders’ approval, reflecting the company’s strategic move to enhance its renewable energy portfolio.
More about Shandong Hi-Speed New Energy Group Limited
YTD Price Performance: -4.57%
Average Trading Volume: 392,492
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.8B
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