Hengxin Technology Ltd. (HK:1085) has released an update.
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Hengxin Technology Ltd. has announced that its subsidiary, Zhejiang Zhongguang New Energy Technology Co., Ltd., has been selected for a groundbreaking 350MW solar thermal power project in Qinghai Province, which will become the world’s largest single solar thermal project. Additionally, the company secured a contract for the operations and maintenance of a 100MW solar thermal and 900MW photovoltaic project in Turpan, furthering its commitment to expanding its renewable energy business. These developments are expected to enhance Hengxin’s profitability and operational capabilities, supporting its long-term growth strategy.
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