Beijing Jingcheng Machinery Electric Co Ltd Class H (HK:0187) has released an update.
Beijing Jingcheng Machinery Electric Co. Ltd has provided additional information regarding the pricing and payment terms of their Product Sale and Purchase Framework Agreement, correcting an inadvertent error in their previous announcement. The company clarifies that transactions will be based on open market prices and terms that are no less favourable than those offered to independent third parties. Additionally, the company ensures that both the purchase and sale prices of hydrogen energy products will be settled by bank transfer and reviewed against third-party offerings to guarantee competitive rates.
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