Sichuan Energy Investment Forms Strategic Tech Alliance with M&S Electronics to Advance Smart Power Infrastructure

An update from Sichuan Energy Investment Development Co., Ltd. Class H ( (HK:1713) ) is now available.

Sichuan Energy Investment Development Co., Ltd. has signed a non-legally binding strategic cooperation agreement with Sci-tech Innovation Board-listed Chengdu M&S Electronics Technology to jointly develop advanced solutions across power communications, Internet of Things and data intelligence. The partners plan to co-create high-reliability power communication networks using dual-mode carrier technology, build a power big data and AI-driven intelligence platform for load forecasting and fault warning, and develop integrated satellite–terrestrial communication and satellite IoT applications to improve grid monitoring in remote and complex environments. They will also collaborate on anti-interference satellite navigation and time synchronization technologies for power equipment and push business synergy in emerging areas such as virtual power plants and Vehicle-to-Grid commercial pilots, while exploring deeper capital cooperation to reinforce their positioning in smart, digital and resilient power infrastructure.

The most recent analyst rating on (HK:1713) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Sichuan Energy Investment Development Co., Ltd. Class H stock, see the HK:1713 Stock Forecast page.

More about Sichuan Energy Investment Development Co., Ltd. Class H

Sichuan Energy Investment Development Co., Ltd. is a PRC-based power industry company listed in Hong Kong that focuses on electricity-related infrastructure and services, including power communications, grid operation, and related data and IoT applications in the energy sector.

YTD Price Performance: 19.94%

Average Trading Volume: 89,350

Technical Sentiment Signal: Hold

Current Market Cap: HK$2.58B

Learn more about 1713 stock on TipRanks’ Stock Analysis page.