China Nuclear Energy Tech Announces Major Contracts for Jiyuan Energy Storage Power Station Development

Reuters

Aug 04

China Nuclear Energy Tech Announces Major Contracts for Jiyuan Energy Storage Power Station Development

China Nuclear Energy Technology Corporation Limited has announced a new contract involving the purchase of energy storage system equipment and the construction of the Jiyuan Energy Storage Power Station. The company, listed on the Hong Kong Stock Exchange, is collaborating with Vision Energy, a high-tech enterprise based in the PRC known for its wind power generation equipment and related services. The transactions under these agreements are classified as discloseable, as they surpass 5% but remain under 25% of the applicable percentage ratios as per the Listing Rules. This necessitates reporting and announcement requirements under Chapter 14 of these rules. The agreements aim to enhance energy storage capabilities, furthering the company's strategic objectives in the renewable energy sector.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. China Nuclear Energy Technology Corp. Ltd. published the original content used to generate this news brief on August 04, 2025, and is solely responsible for the information contained therein.

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.

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