ZYNP (SHE:002448) partnered with a unit of Sungrow Power Supply (SHE:300274) to construct a wind power project, according to a Shenzhen bourse disclosure on Tuesday.
The Chinese cylinder liner manufacturer will provide the electricity consumption scenario for Sungrow New Energy Development's 100-megawatt wind power plant in Mengzhou City, China.
Both parties will collaborate to building a hydrogen energy equipment manufacturing system.
ZYNP's shares jumped less than 5% and Sungrow's shares rose over 1% in recent trade.