601399.SH announced that during the third "Belt and Road Initiative" International Cooperation Summit Forum held from 17 to 18 October 2023, the company signed a Memorandum of understanding with the Ministry of Mines and Energy of the Kingdom of Cambodia on the development of the Shangdai 1000MW pumped storage power station. The memorandum stipulates that the Ministry of Mines and Energy of the Kingdom of Cambodia (called "Party A" or "Cambodian Ministry of Energy and Minerals") appoints China heavy Machinery Co., Ltd. ("Party B" or "China heavy Machinery") as the designated company to provide Party A with the feasibility study report of the Shangdai 1000MW pumped Storage Hydropower Station project and the subsequent technical and financial proposal for Party A's review as soon as possible.
国机重装(601399.SH)：与柬埔寨王国矿产和能源部签署谅解备忘录
China Aircraft Reload (601399.SH): Memorandum of Understanding signed with the Ministry of Mines and Energy of the Kingdom of Cambodia
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.