Sichuan Energy Investment Development Co., Ltd. Class H ( (HK:1713) ) has provided an announcement.
Sichuan Energy Investment Development Co., Ltd. announced a connected transaction involving a Construction Agreement with SEI Intelligent Logistics, a related entity. The agreement, valued at RMB3,381,544.52, involves Sichuan Energy Investment Development Construction providing construction services for a project that includes building a new distribution room and installing electrical equipment. The transaction is subject to reporting and announcement requirements under the Hong Kong Listing Rules but is exempt from circular and independent shareholders’ approval due to its size. This agreement underscores the company’s strategic focus on enhancing its infrastructure capabilities and maintaining compliance with regulatory standards.
More about Sichuan Energy Investment Development Co., Ltd. Class H
Sichuan Energy Investment Development Co., Ltd. operates in the energy sector, focusing on providing construction services through its subsidiary, Sichuan Energy Investment Development Construction. The company is involved in projects related to high-voltage and low-voltage distribution systems, showcasing its expertise in civil construction and electrical installations.
YTD Price Performance: 4.80%
Average Trading Volume: 3,850
Technical Sentiment Signal: Sell
Current Market Cap: €289.8M
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