BOER POWER: Boer Wuxi and Boer Energy Jiangsu Enter into Sales Agreement for Equipment and Components

Deep News
Oct 04

BOER POWER (01685) announced that on October 3, 2025, the company's indirect wholly-owned subsidiary Boer Wuxi entered into a sales agreement with Boer Energy Jiangsu to sell 36 sets of gas insulated switchgear equipment and spare parts for solar power grid parity projects (including assembly service fees and materials), with a total consideration of approximately RMB 7.22 million (including VAT), or approximately RMB 6.39 million (excluding VAT).

The directors believe that the sale of gas insulated switchgear products to Boer Energy Jiangsu under the sales agreement is conducted in the ordinary course of the Group's business and on normal commercial terms or better. The transaction is beneficial to the Company as it generates revenue, and therefore serves the overall interests of the Company and all shareholders.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10