Brief: Central Holding Group Entered Into Framework Agreement With Fengtai County People's Govt, Jiangsu Zhongqing Photovoltaic Technology

Central New Energy Holding

18/07/2022 14:28

July 18 (Reuters) - Central Holding Group Co Ltd  1735.HK :
    * ENTERED INTO FRAMEWORK AGREEMENT WITH FENGTAI COUNTY
PEOPLE'S
GOVERNMENT AND JIANGSU ZHONGQING PHOTOVOLTAIC TECHNOLOGY
    * CO & JIANGSU ZHONGQING PLAN TO JOINTLY INVEST IN ZHONGHUAN
ZHONGQING (FENGTAI) NEW ENERGY PHOTOVOLTAIC INDUSTRY BASE
PROJECT
    * TOTAL INVESTMENT IS EXPECTED TO BE ABOUT RMB6.8 BILLION
    * AFTER PHASE II CONSTRUCTION OF PROJECT IS COMPLETED, IT IS
EXPECTED TO ACHIEVE A REVENUE OF RMB8 BILLION PER ANNUM
    * AFTER PHASE II CONSTRUCTION OF PROJECT IS COMPLETED & PUT
INTO
PRODUCTION, IT IS EXPECTED TO ACHIEVE REVENUE OF RMB8
BILLION/ANNUM


Further company coverage:  1735.HK 

 ((Reuters.Briefs@thomsonreuters.com;))