Gelonghui, September 10 | China Hong Kong Energy (00931.HK) announced that Hong Kong Energy Investment (Shenzhen) Co., Ltd., a wholly-owned subsidiary of the company, signed a strategic cooperation framework agreement with the Weiyang District People's Government of Xi'an City on the franchise for clean energy municipal centralized cooling/heating supply projects.
The Group will invest up to RMB 0.417 billion in the project in the Weiyang Lake area of Xi'an City to build an 182.2 MW integrated energy station, a 5 million square meter sewage source system, and lay a piping network. Once construction is completed, the group will obtain a franchise for the project. The framework agreement is an agreement made at the beginning of the cooperation between the two parties. The specific details will be a separate investment service agreement.
The Group is mainly engaged in natural gas business and new energy business. Aotu Energy Technology (Wuxi) Co., Ltd., a wholly-owned subsidiary of the Group, is engaged in innovative energy technology products in the Yixing region. Through its IDH smart distributed heating platform and ICE smart integrated energy system, it provides comprehensive energy use solutions to target enterprises, thereby helping target enterprises save energy.
