Metaspacex Ltd. has announced a strategic cooperation agreement with Chongqing Bihe to explore opportunities in the new and renewable energy sector in China. The collaboration focuses on hydrogen energy storage projects and related businesses, aiming to meet the growing demand in this market. The agreement, currently non-binding, outlines a tentative plan for both parties to engage in further negotiation to finalize a formal cooperation agreement. Metaspacex and Chongqing Bihe plan to hold senior management meetings to discuss the direction and progress of their joint projects, with the intention to expand the scope of their cooperation based on market conditions.
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.