tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Tesson Holdings to Establish New Energy Truck Charging Stations Joint Venture

Story Highlights
  • Tesson Holdings is forming a joint venture to build charging stations for heavy-duty trucks.
  • The project supports Tesson’s strategy to expand in the new energy sector and boost shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tesson Holdings to Establish New Energy Truck Charging Stations Joint Venture

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Tesson Holdings Ltd. ( (HK:1201) ) is now available.

Tesson Holdings Limited has announced a framework cooperation agreement with Shenzhen Shendian Power Supply New Energy Co., Ltd. to form a joint venture named Shenzhen Tesson Shendian New Energy Co., Ltd. This venture aims to develop charging stations for new energy heavy-duty trucks in Shenzhen and surrounding areas, with Tesson holding a 66% equity interest. The project aligns with Tesson’s strategic objectives to expand its presence in the new energy sector and enhance shareholder value by developing an integrated charging infrastructure network.

More about Tesson Holdings Ltd.

Tesson Holdings Limited is a company incorporated in Bermuda, focusing on the new energy sector. It is involved in the investment, establishment, and operation of infrastructure projects, particularly in the area of charging stations for new energy vehicles.

Average Trading Volume: 42,150

Technical Sentiment Signal: Sell

Current Market Cap: HK$131.8M

For an in-depth examination of 1201 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1