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Breton Technology Co., Ltd. Class H ( (HK:1333) ) has provided an update.
Breton Technology’s indirect subsidiary MINIERE VERTE SAS has signed a general construction contract with STE DE DEVELOPPEMENT DU COMMERCE ET DE CONSTRUCTION for the Jinchuan Ruashi Digital Energy Project in the Ruashi mining area of Lubumbashi, Democratic Republic of the Congo. The project covers civil engineering and installation for a 118MWp photovoltaic facility and a 330MWh energy storage power station, with a provisional fixed-price contract valued at USD17.08 million and a planned 150-day construction period starting March 2026.
The contractor will handle construction, installation, joint commissioning, testing and inspection of the solar and storage facilities, as well as auxiliary infrastructure such as residential and management buildings, reclaimed water and sewage treatment facilities, and site lighting, subject to final designs. The transaction meets the threshold for a discloseable transaction under Hong Kong Listing Rules, indicating a material but mid-sized capital commitment that supports Breton Technology’s expansion in digital energy infrastructure and enhances its presence in African renewable energy and mining-adjacent power solutions.
The most recent analyst rating on (HK:1333) stock is a Sell with a HK$19.50 price target. To see the full list of analyst forecasts on Breton Technology Co., Ltd. Class H stock, see the HK:1333 Stock Forecast page.
More about Breton Technology Co., Ltd. Class H
Breton Technology Co., Ltd. is a PRC-based company listed in Hong Kong that operates through subsidiaries in the digital energy and related infrastructure sector. Its activities include the development and construction of photovoltaic power generation and energy storage projects, with a growing international footprint that extends to markets such as the Democratic Republic of the Congo.
Average Trading Volume: 1,278,350
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$7.49B
For a thorough assessment of 1333 stock, go to TipRanks’ Stock Analysis page.