GCL New Energy Unit to Provide Operation, Maintenance Services to GCL Energy Technology Units

MT Newswires Live07-03

A subsidiary of GCL New Energy Holdings (HKG:0451) will provide certain operation and maintenance services to two units of GCL Energy Technology (SHE:002015) for three years beginning July 2, a Tuesday bourse filing said.

Suzhou GCL New Energy Operation Technology will provide the services to Nanjing Xinneng Intelligent Storage Technology and Zhongwei Xinhua Technology for 1.8 million yuan and 2.2 million yuan per year, respectively.

Shares of renewable energy company GCL New Energy closed 1% higher on Wednesday.

Price (HKD): $0.48, Change: $+0.01, Percent Change: +1.06%

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