23 May 2019

Hareon, CPIC team up on PV projects, filing says

Hareon Solar Technology Co. Ltd. (600401.CN) and state-owned China Power Investment Corporation (CPIC) have agreed to cooperate in photovoltaic (PV) projects, Hareon said in a stock exchange filing late Monday. Under the agreement, which is valid for two years, CPIC will buy into Hareon’s PV projects, and the two will also form joint ventures to invest in and develop domestic and overseas PV projects, the filing said. Hareon expects the cooperation to improve its market share and business performance.

– Contact HKEJ at [email protected]



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