Zhitong Finance App News, Jinguan Electric (688517.SH) announced that Jinguan (Shenzhen) Optical Storage Battery Co., Ltd., a wholly-owned subsidiary of the company, recently signed an EPC general contracting framework agreement with SPIRO MOBILITY HOLDCO FZCO. The target of the contract was 50 grid-connected or off-grid optical storage and charging integrated power plant projects in the African region. The total contract amount did not exceed 296 million US dollars (tax included). This amount is an estimated amount based on the benchmark price and planned quantity of standard power plants. The actual execution content, price and quantity are determined by both parties The special EPC execution agreement signed later shall prevail.

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