Metaspacex Ltd. has announced a strategic cooperation agreement with Chongqing Bihe to explore opportunities in the new and renewable energy sector in China. The collaboration focuses on hydrogen energy storage projects and related businesses, aiming to meet the growing demand in this market. The agreement, currently non-binding, outlines a tentative plan for both parties to engage in further negotiation to finalize a formal cooperation agreement. Metaspacex and Chongqing Bihe plan to hold senior management meetings to discuss the direction and progress of their joint projects, with the intention to expand the scope of their cooperation based on market conditions.
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