Shuangliang Eco-Energy Systems to Sell Air Cooling Equipment for 217 Million Yuan; Shares Down 3%

MT Newswires Live

2024/09/20

Shuangliang Eco-Energy Systems (SHA:600481) agreed to sell an air cooling equipment for a coal-fired power plant for almost 217 million yuan, according to a Friday disclosure on the Shanghai Stock Exchange.

The equipment will be supplied to Guoneng Bozhou New Energy's power plant in China's Bole City, which will have two 660-megawatt units, the filing said.

The Chinese absorption chiller manufacturer will deliver all needed equipment by 2026, the year when the power plant starts to operate.

Shares of the company dropped 3% in recent trade.

Price (RMB): Â¥3.49, Change: Â¥-0.13, Percent Change: -3.59%

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