China Nuclear Energy Technology Corporation Limited (HK:0611) has released an update.
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China Nuclear Energy Technology Corporation Limited has expanded into renewable energy by signing agreements to install rooftop solar photovoltaic power systems across various logistics parks in China, leveraging the rooftops leased from Blogis Holding’s subsidiaries. These transactions are connected as Blogis Holding is an associate of the Company’s substantial shareholder, Nanshan Holdings. The agreements, which exceed a certain financial threshold, are subject to reporting and announcement obligations but are exempt from the need for independent shareholder approval.
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