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Shandong Hi-Speed New Energy Group Limited ( (HK:1250) ) has provided an announcement.
Shandong Hi-Speed New Energy Group Limited has announced that its subsidiary, Jinan SHNE Technology, has entered into an EPC contract with SDHS City Construction, Shandong Provincial Communications Planning and Design Institute, and China Hydropower Engineering. This contract, valued at RMB18,229,119.57, involves the provision of EPC services for a new project. The transaction is categorized as a connected transaction under the Listing Rules, requiring reporting and announcement but exempt from independent shareholders’ approval due to its percentage ratio.
More about Shandong Hi-Speed New Energy Group Limited
Shandong Hi-Speed New Energy Group Limited operates in the energy sector, focusing on new energy solutions. The company is involved in engineering, procurement, and construction (EPC) services, primarily engaging in infrastructure projects that leverage renewable energy technologies.
Average Trading Volume: 411,873
Technical Sentiment Signal: Buy
Current Market Cap: HK$4.94B
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