Zhitong Financial APP News, Chuneng Holdings (08430) issued an announcement on October 6, 2023, buyer CA Transportation & Warehousing Pte Ltd. (an indirect wholly-owned subsidiary of the company) and the seller UD Trucks Singapore (Pte. ) Ltd. Enter into an equipment purchase agreement for the purchase of equipment at a total purchase price of S $575000 (equivalent to about HK $3.2718 million). The subject matter is 5 tractors (model: GKB5 DLDHCQA).

The new tractor is purchased to replace the existing tractor. According to the cost-benefit analysis conducted by the management of the company, it is more advantageous and economically feasible to purchase new replacement equipment than to further send the existing tractor for repair. The new tractor will be used to handle the existing business of the Group and improve the operational efficiency of the Group.