China Power Unit Wins RMB452 Million Energy Storage Contract in Connected Deal
I'm PortAI, I can summarize articles.
China Power International Development's subsidiary, Xinyuan Smart Storage, has secured a RMB452.1 million contract for the Tacheng Project, an energy storage facility. This connected transaction, due to State Power Investment Corporation's controlling stake, includes engineering design, equipment manufacturing, and five years of quality assurance. The deal enhances China Power's position in the energy storage market and promotes collaboration within the group. The latest analyst rating for China Power's stock (HK:2380) is a Hold with a price target of HK$3.50.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments