Sichuan Energy Investment Signs 12 Million Yuan Subcontracting Deal; Shares Rise 3%

MT Newswires Live

2025/03/27

Sichuan Energy Investment Development (HKG:1713) (SEIDC) announced it has signed an 11.9 million yuan subcontracting agreement with Sun Technology for the information system project of the Xingwen County Comprehensive Information Dispatch Center Building.

Sun Technology, a subsidiary of Hydropower Group, will provide smart building solutions, including video surveillance, facial recognition, and IT infrastructure.

The project is set for completion by Oct. 28, with a one-year defect liability period. SEIDC emphasized that the agreement followed a competitive bidding process and aligned with its goals for construction efficiency.

The power company's shares were up by 3% in recent trading.

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