Hunan Development Group (SHE:000722) plans to invest 2.1 million yuan for the construction of a distributed photovoltaic power generator in Changsha, Hunan Province, China, according to a Shenzhen bourse filing on Saturday.
The company's shares rose less than 2% on Monday's midday trade.
The photovoltaic power system will be installed on the rooftop of the Xiangke Building within three months and will operate for 25 years.
The electrical and electronic manufacturing company authorized Hunan Huaxiang Property Management to implement the project.
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