Leader Electronics (TPE:3058) unit NULEIV secured the engineering, procurement, and construction (EPC) contract for a 40MW energy storage project, valued at NT$1.89 billion, according to a Friday Taiwan Exchange filing.
Shares slid nearly 2% in Monday midday trade.
The project is being developed by Chuang Lixin Energy, in which NULEIV holds an indirect 48.01% stake and Chang Gung International owns a 51.99% stake.