China HK Power Smart Energy Group Partners with Xinlei to Boost New Energy and AI Initiatives

An update from China LNG Group ( (HK:0931) ) is now available.

China HK Power Smart Energy Group Limited has entered into a strategic cooperation agreement with Xinlei Compressor Co., Ltd., a prominent A-share listed company. This partnership is set to bolster the Group’s development in new energy and AI fields, providing substantial financial support and accelerating business growth. The agreement includes prioritizing Xinlei’s equipment and technology solutions, deferred payment terms to ease financial pressure, and collaboration on AI technology applications. This strategic move is expected to enhance the Group’s competitive position and profitability while contributing to national carbon policies.

More about China LNG Group

China HK Power Smart Energy Group Limited is a company focused on the new energy and artificial intelligence sectors. It aims to enhance its competitive position in the market by leveraging cutting-edge technologies and financial strength.

YTD Price Performance: -16.22%

Average Trading Volume: 1,074,681

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$2.07B

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