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Central New Energy Enters Strategic Partnership with Shanghai Microgrid

Story Highlights
  • Central New Energy focuses on integrated photovoltaic, storage, and charging infrastructure.
  • The new partnership aims to enhance new energy integration and digital economy development.
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Central New Energy Enters Strategic Partnership with Shanghai Microgrid

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The latest update is out from Central Holding Group Co. Ltd. ( (HK:1735) ).

Central New Energy Holding Group Limited has entered into a strategic cooperation agreement with Shanghai Microgrid Huilian New Energy Technology Co., Ltd. This partnership aims to promote the construction and development of integrated photovoltaic, storage, and charging infrastructure. The agreement outlines responsibilities for both parties, with Central Low Carbon (HK) focusing on design and technology, while Shanghai Microgrid will handle site provision and operations. This collaboration is expected to enhance the integration of the new energy industry and foster the development of the digital economy, potentially leading to the establishment of a joint venture company for smart charging stations.

More about Central Holding Group Co. Ltd.

Central New Energy Holding Group Limited operates in the renewable energy sector, focusing on the development of integrated photovoltaic, storage, and charging infrastructure. The company is engaged in research and development, technology, and product innovations to advance the digital monetization of new energy assets.

Average Trading Volume: 6,051,419

Technical Sentiment Signal: Buy

Current Market Cap: HK$37.13B

For an in-depth examination of 1735 stock, go to TipRanks’ Overview page.

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