Brief: Xinte Energy Says Units Entered Polysilicon Strategic Cooperation Sale And Purchase Agreement With Shuangliang Silicon Materials (Baotou)
12/07/2022 11:22
July 12 (Reuters) - Xinte Energy Co Ltd 1799.HK :
* UNITS ENTERED POLYSILICON STRATEGIC COOPERATION SALE AND
PURCHASE AGREEMENT WITH SHUANGLIANG SILICON MATERIALS (BAOTOU)
CO
* TOTAL TRANSACTION AMOUNT EXPECTED TO BE ABOUT RMB58.470
BILLION
* PURSUANT TO DEAL, GROUP SHALL SELL TOTAL OF 201,900 TONS
OF
POLYSILICON DURING PERIOD FROM JAN 2023 TO DEC 2030
Further company coverage: 1799.HK
((Reuters.Briefs@thomsonreuters.com;))
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