Shandong Hi-Speed New Energy Group Limited (SHNE) has announced that its indirect wholly-owned subsidiary, Shandong Hi-Speed New Energy (Shandong) Co., Ltd., has entered into a Cooperation Agreement with Shandong Hi-Speed Linteng Highway Co., Ltd. (SDHS Linteng). Under the agreement, SDHS Linteng will lease a designated area in Linyi City, Shandong Province to SHNE (Shandong) for the construction and operation of photovoltaic power generation projects. The lease term is for twenty years, commencing from 1 January 2026 to 31 December 2045, with potential for renewal subject to applicable laws and regulations. The transaction is classified as a connected transaction under the Hong Kong Listing Rules but is exempt from the requirement for independent shareholders’ approval.

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-20251229-11968917), on December 29, 2025, and is solely responsible for the information contained therein.