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An announcement from Sichuan Energy Investment Development Co., Ltd. Class H ( (HK:1713) ) is now available.
Sichuan Energy Investment Development Co., Ltd. has announced its intention to enter into a 2025-2027 Rural Power Grid Assets Usage Agreement with Hydropower Group, a controlling shareholder. This agreement will allow the company to use certain rural power grid projects to supply electricity to remote areas, enhancing accessibility. The transactions under this agreement are classified as continuing connected transactions under Hong Kong’s Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval.
More about Sichuan Energy Investment Development Co., Ltd. Class H
Sichuan Energy Investment Development Co., Ltd. is a joint stock company incorporated in China, focusing on energy investment and development. The company is involved in supplying electricity, particularly targeting remote rural areas to improve electricity accessibility.
Average Trading Volume: 2,025
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €280M
For a thorough assessment of 1713 stock, go to TipRanks’ Stock Analysis page.