China Power International Development (HK:2380) has released an update.
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China Power International Development has announced that its subsidiaries, Pingwei II and Pingwei III, have entered into agreements with Yuanda Waterworks for upgrading wastewater treatment facilities. The contracts, valued at approximately HK$85.8 million, involve equipment procurement, installation, and engineering services to enhance operational efficiency. These transactions are categorized under connected transactions due to the involvement of entities associated with the company’s controlling shareholder, SPIC.
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