Sichuan Energy Investment Signs 12 Million Yuan Subcontracting Deal; Shares Rise 3%

MT Newswires Live
27 Mar

Sichuan Energy Investment Development (HKG:1713) (SEIDC) announced it has signed an 11.9 million yuan subcontracting agreement with Sun Technology for the information system project of the Xingwen County Comprehensive Information Dispatch Center Building.

Sun Technology, a subsidiary of Hydropower Group, will provide smart building solutions, including video surveillance, facial recognition, and IT infrastructure.

The project is set for completion by Oct. 28, with a one-year defect liability period. SEIDC emphasized that the agreement followed a competitive bidding process and aligned with its goals for construction efficiency.

The power company's shares were up by 3% in recent trading.

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