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Hengxin Technology Sets Framework Deal With HT Finance, Triggers Major Transaction Review
Hengxin Technology (01085) subsidiary Xinkexin has entered into a guarantee agreement.
Hengxin Technology (01085) announced that on June 18, 2026, Xinke Xin (an indirect wholly owned subsidiary of the Company), acting as the guarantor, entered into a guarantee agreement with the bank as the beneficiary. Xinke Xin has agreed to provide a guarantee to ensure that the borrower, Tianjin Jizhixin Technology, duly fulfills its repayment obligations under the loan agreement with the bank.
Hengxin Technology (01085) subsidiary has entered into construction engineering contracts and related agreements with a company under GCL Group for the Qinghai project.
Hengxin Technology (01085) announced that on June 12, 2026, Qinghai Zhongkong (an indirectly held non-wholly-owned subsidiary of the Company) entered into the following contracts with certain companies under the GCL Group for the Qinghai project, with an aggregate contract price of RMB 4.726 billion (inclusive of tax): (I) a construction engineering contract with GCL Green Energy (as contractor) for the construction works to be carried out on-site; (II) an equipment supply contract with Lvyuan Xineng (as supplier) for the supply and procurement of equipment required for the construction and operation of the Qinghai project; and (III) an equipment installation engineering contract with GCL Green Energy (as contractor) for the installation and commissioning of equipment on-site.
Express News | Hengxin Technology - Signs Supply Contract With Lvyuan Xinneng for Qinghai Project Equipment
Express News | Hengxin Technology - Qinghai Zhongkong Enters Contracts for Qinghai Project at RMB4.73 Bln
Hengxin Technology Unit Wins BRICS Recognition for Solar and Energy Storage Solution