Solareast to Raise Investment Into Energy Heating Supply Project to 1 Billion Yuan

MT Newswires Live2024-10-07

Solareast Holdings (SHA:603366) plans to increase the investment into a clean energy heating project in ​​Sangzhuzi District, Shigatse City, Tibet Autonomous Region, China to 1 billion yuan, according to a Monday filing on the Shanghai Stock Exchange.

The investment into the project was previously set at 510.5 million yuan.

The project's investment will be used to improve the central heating system of the city, the Chinese new energy hot water and heating services provider said.

Price (RMB): ¥4.52, Change: ¥+0.36, Percent Change: +8.65%

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