Sichuan Energy Investment Development to Renew Property Management Services, Other Agreements

MT Newswires Live

Dec 26, 2024

Sichuan Energy Investment Development (HKG:1713) agreed to continue to engage Sichuan Province Hydropower Group Baishiji Property Management for property management and other services for the next two years, a Tuesday Hong Kong bourse filing said.

For the services procured from Sichuan Province Hydropower Group Baishiji Property Management, 20.5 million yuan is set as the proposed annual cap for each of the years 2025 and 2026.

The company also agreed to continue to procure electricity for itself and its subsidiaries from Yunnan Yiliangruiyuan Hydropower Development for the next three years, from Jan. 1, 2025, to Dec. 31, 2027.

On the same day, the company's subsidiary Sichuan Energy Investment Development Construction agreed to continue to lease six temporary substations to Sichuan Changning Natural Gas Development for 2025, with 5.9 million yuan set as the upper limit of the total rent for the next year.

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