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Sichuan Energy Investment Renews Agreements for 2024 Rural Power Grid Operations

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Sichuan Energy Investment Renews Agreements for 2024 Rural Power Grid Operations

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The latest announcement is out from Sichuan Energy Investment Development Co., Ltd. Class H ( (HK:1713) ).

Sichuan Energy Investment Development Co., Ltd. has entered into two agreements with its controlling shareholder, Hydropower Group, to manage and use rural power grid assets for the year 2024. These agreements, which are considered continuing connected transactions, involve the retrospective acknowledgment and confirmation of transaction amounts for management, maintenance, and usage fees, and are subject to certain reporting and review requirements under the Hong Kong Listing Rules.

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

Sichuan Energy Investment Development Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, focusing on energy investment and development. The company is involved in the management and maintenance of rural power grid assets, providing essential services to ensure the functionality and usage of these infrastructures.

Average Trading Volume: 2,025

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €280M

See more insights into 1713 stock on TipRanks’ Stock Analysis page.

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