CT IND GROUP (08111) Signs O&M Service Agreement with Zhangbei Hengfeng

Stock News

Nov 11

CT IND GROUP (08111) announced that on November 11, 2025, its wholly-owned subsidiary, Shaanxi Baike New Energy Technology Development Co., Ltd., entered into an operation and maintenance (O&M) service agreement with Zhangbei Hengfeng New Energy Co., Ltd. Under the agreement, Shaanxi Baike will provide O&M management services for a 500MW photovoltaic power station owned by Zhangbei Hengfeng, located in Hailiutu Township, Zhangbei County, Zhangjiakou City, Hebei Province, China.

The agreement was signed in the ordinary course of the group's business. By securing this contract, the group aims to expand its O&M service operations in China, thereby strengthening its financial revenue base. The deal is expected to generate stable annual revenue of RMB 14 million for the group over the contract period.

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