Tsaker New Energy Tech Co., LimitedHKEX: 1986

Discloseable and connected transaction in relation to the asset lease agreement

· Issued by Tsaker New Energy Tech Co., Limited via HKEXnews

Filed with HKEX · Stock code 1986 · · 9 pages · English

Summary by 6ix AI

Tsaker New Energy Tech Co., Limited has announced a discloseable and connected transaction regarding an Asset Lease Agreement with Zijin Lithium, where Zijin will lease production assets to Tsaker ZNM for a three-year term. The transaction is considered fair and reasonable, approved by the Board, and is exempt from certain shareholder approval requirements due to its commercial terms. The lease aims to enhance operational efficiency and competitiveness in the battery materials sector by leveraging the strengths of both companies.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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