Skyworth Digital Holdings (HK:0751) has released an update.
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Skyworth Digital Holdings has announced its subsidiary, Jiangsu Skyworth New Energy, has entered into a RMB12.8 million procurement agreement with Nanjing Chuangyuan Energy for energy storage equipment. This transaction, critical for the development of photovoltaic power projects, is considered a connected transaction due to the controlling shareholder’s interests and is subject to reporting and announcement requirements. Payment for the equipment will be made in stages, with specific technical details to be outlined in a separate agreement.
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