CT IND GROUP (08111) Subsidiary to Provide EPC Services to Tingxi for EV Charging Facility Construction

Stock News12-10

CT IND GROUP (08111) announced on December 10, 2025, that its wholly-owned subsidiary, China Technology Industry Investment, has entered into a contract with Tingxi Engineering Limited. Under the agreement, China Technology Industry Investment, acting as the contractor, will provide EPC (Engineering, Procurement, and Construction) services to Tingxi for the construction of electric vehicle (EV) charging facilities.

This follows the company’s November 24, 2025, announcement regarding two contracts between China Technology Industry Investment and Tingxi, under which the subsidiary has been providing EPC services for EV charging facilities in Kwun Tong, Hong Kong.

As part of CT IND GROUP’s strategic plan to expand its service offerings, the company has identified Hong Kong’s EPC services sector as a key growth area. This decision is driven by the sector’s significant growth potential and synergies with the group’s existing operations in the new energy sector.

The contract was signed in the ordinary course of the group’s business, marking a strategic move to formally integrate EPC services into its core business segments. This initiative is expected to diversify and strengthen the group’s financial revenue base, with income from the contract being allocated to its existing new energy power system integration and electricity sales division.

The expansion is well-timed to capitalize on Hong Kong’s growing adoption of electric vehicles, which has spurred substantial demand for related infrastructure, including EV charging facilities.

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