Tianneng Holding, a wholly-owned subsidiary of Tianneng Power International Limited, has recently entered into strategic cooperation agreements with China Merchants Bank and Hangzhou Bank. These agreements, each with a term of three years, allow Tianneng Holding to engage in investment activities with a maximum daily balance of RMB700,000,000. The agreements highlight Tianneng Holding's focus on expanding its investment capabilities and strengthening ties with major financial institutions, supporting its parent company's core business in high-end eco-friendly and new energy batteries.
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