Skyworth Digital Holdings (HK:0751) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts and uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Skyworth Digital Holdings has announced its subsidiary, Jiangsu Skyworth New Energy, has entered into a RMB12.8 million procurement agreement with Nanjing Chuangyuan Energy for energy storage equipment. This transaction, critical for the development of photovoltaic power projects, is considered a connected transaction due to the controlling shareholder’s interests and is subject to reporting and announcement requirements. Payment for the equipment will be made in stages, with specific technical details to be outlined in a separate agreement.
For further insights into HK:0751 stock, check out TipRanks’ Stock Analysis page.
