BRIEF-Td Holdings Enters Into A Strategic Cooperation Agreement To Develop Energy Storage Battery Project In Southeast Asia

Reuters2023-08-28

Aug 28 (Reuters) - TD Holdings Inc :

* TD HOLDINGS, INC. ENTERS INTO A STRATEGIC COOPERATION AGREEMENT TO DEVELOP ENERGY STORAGE BATTERY PROJECT IN SOUTHEAST ASIA

* TD HOLDINGS INC - ANTICIPATED ANNUAL CAPACITY GAIN OF PROJECT IS EXPECTED TO REACH US$412 MILLION

* TD HOLDINGS INC - CO AND JINTONGYUAN WILL HOLD A 51% AND A 49% EQUITY INTEREST OF JV, RESPECTIVELY

* TD HOLDINGS INC: BOTH PARTIES AGREE TO ESTABLISH A JOINT VENTURE NAMED BAIYU ENERGY STORAGE TECHNOLOGY CO. LTD. IN CHINA

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