supersicbolive| Zhonghuan New Energy (01735.HK): Sunshine New Energy Cooperation Framework Agreement, Focusing on Power Stations and Photovoltaic Innovation Laboratories

News summary

Zhonghuan New Energy (01735supersicbolive.HK) Signed a cooperation framework with Sunshine New Energysupersicbolive, aims to strengthen cooperation and expand business opportunities, and is expected to improve the company's performance in the development and operation of new energy projects and enhance the interests of shareholders.

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[Zhonghuan New Energy and Sunshine New Energy signed a cooperation agreement to enhance strategic cooperation and expand business landscape]

Zhonghuan New Energy (01735.HK) disclosed that Zhonghuan Low Carbon New Energy (Anhui) Group Co., Ltd., an indirect wholly-owned subsidiary of the company, signed a cooperation framework agreement with Sunshine New Energy Development Co., Ltd. on May 25, 2024.

This cooperation focuses on deepening cooperation between the two sides in the field of new energy, including but not limited to projects such as centralized power stations, battery modules and joint photovoltaic innovation laboratories.

The board of directors believes that through this cooperation, the Group can further leverage its advantages in the development and operation of new energy projects, while improving financial performance and broadening revenue sources.

In addition, Zhonghuan New Energy's business covers five major areas: green buildings, new energy engineering, intelligent energy management, health care and food and beverage supply chains.

The company's board of directors expressed optimism about the prospects of this cooperation, believing that it will have a positive impact on the long-term development of the group and is in the common interest of the company and its shareholders.