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Shenzhen Jingji Electromechanical Technology, a wholly-owned subsidiary of Huazi Technology, received a notice of award from Baoding Changcheng Holdings to supply fully automatic pre-charge and formation systems for prismatic lithium-ion batteries to SVOLT Energy Technology for its Suining and Huzhou plants. The contract value is CNY 448.31 million.
HuaZi Technology (300490.SZ) received a notice of award from China Gezhouba Group International Engineering Co., Ltd. for the supply and installation of electromechanical equipment for the Kandadji Hydropower Station in Niger, with a bid amount of $28.13 million.