Zhonghe New Energy (01735) announced that on June 13, 2024, China Nuclear Huineng Anhui New Energy Co., Ltd. (China Nuclear Anhui) and Zhonghe Low-carbon New Energy (Anhui) Group Co.,..

The announcement stated that the group currently has five main business divisions: green construction and related construction business; new energy and engineering, procurement and construction; intelligent energy management services; health and wellness; and food and beverage supply chain. The board of directors believes that the cooperation framework considered and outlined in the agreement will enable the group to leverage its experience and capabilities in the development and operation of new energy projects. The board of directors also believes that this collaboration will expand the group's business opportunities, broaden its revenue sources, and enhance its financial performance. Therefore, the board of directors believes that collaboration with China Nuclear Anhui will benefit the group's future development and will be in line with the overall interests of the company and its shareholders.