Shandong Hi-Speed New Energy Group Limited announced that its direct non-wholly owned subsidiary, Zhaoping Shangao New Energy Co., Ltd., entered into an EPC contract on 16 December 2025 with a consortium comprising CCCC FHEC, FHSW Engineering, and PowerChina Henan. Under the agreement, the joint contractors will provide engineering, procurement, and construction $(EPC)$ services for a project at a total contract value of RMB 674,628,269.88, inclusive of tax and subject to adjustment if national tax policies change. The parties to the contract are considered independent third parties to Shandong Hi-Speed New Energy Group Limited.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shandong Hi-Speed New Energy Group Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251216-11957127), on December 16, 2025, and is solely responsible for the information contained therein.