08391.HK announced that the affiliated Cornerstone electric car charging service has signed an exclusive license agreement with a property management company to carry out an electric vehicle charging project in a residential area in Kowloon East, with 60 parking spaces expected to be installed initially.
Under the exclusive license agreement, cornerstone electric vehicle charging is granted exclusive rights for a period of 5 years, mainly for the development, design and installation of electric vehicle charging facilities in the parking lot, and to provide electric vehicle charging and support services to owners or tenants of parking spaces, installation and maintenance of electric vehicle charging equipment.
The management company requires the cornerstone electric car to charge and install its latest electric car charger, which is equipped with a patented ceiling charging solution Aloft to suit the parking environment. The company said that cornerstone electric car charging will be based on the needs of users to enter into a separate subscription agreement.