CONTINUING CONNECTED TRANSACTIONS SOLAR POWER PLANTS FRAMEWORK AGREEMENTMay 18th, 2022
FiledMay 18th, 2022In order to support and promote the development of green and clean new energy as well as our country’s strategic goals of “carbon peaking and carbon neutralization” (碳達峰、碳中和), on 18 May 2022, Guangdong Water (a wholly-owned subsidiary of the Company) and Feilaixia (a wholly-owned subsidiary of Guangdong Holdings) entered into the Solar Power Plants Framework Agreement in relation to the cooperation regarding the establishment of certain distributed solar photovoltaic power plants for generating electricity for, among others, the Guangdong Water Group’s self-consumption for a term of three years, pursuant to which, among other things: