Sun.King Technology's Subsidiary to Supply Electronic Components Worth 624 Million Yuan for Power Project

MT Newswires Live09-16

Sun.King Technology Group's (HKG:0580) subsidiary agreed to supply power electronic components worth 624 million yuan to certain demanding parties for the electricity from Gansu to Zhejiang Project, a Monday filing with the Hong Kong Exchange said.

The demanding parties include Nanjing Nari Semiconductor, XJ Electric, Xi'an XD Power System, NR Electric Power Electronics, and Rongxin Huiko Electric.

The abovementioned project is a key project under China's 14th Five-Year Plan for power development. It's a Gansu-Zhejiang Â±800kv UHVDC transmission project that will participate in developing and transmitting new energy from the large-scale photovoltaic and wind power bases in the western part of China.

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