EVE Energy Approves Related Transactions

MT Newswires Live
20 Mar

EVE Energy (SHE:300014) approved a series of related transactions, including equipment customization, module processing and raw material procurement, according to a Thursday filing with the Shenzhen bourse.

These include provision of customized equipment for Tibet EVE, with transactions capped at 60 million yuan, the processing of battery modules for Huizhou EVE New Energy capped at 10 million yuan and adjustments to previous agreements on NMP liquid procurement capped at 7.6 million yuan.

Shares of the battery maker rose 1% in recent trade.

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