Acme Intl Hldgs (01870.HK) announced on July 16th that its wholly-owned subsidiary, Shandong Port Evergreen Electrical Utilities Technology Co., Ltd., has recently obtained a market sales license from the Hunan Power Trading Center. After obtaining the power sales license, the company will be able to participate directly in the electric power retail trading and green power trading in the Hunan power market, which will reduce electricity costs for customers. The company will actively expand its business in the field of power trading, improve its market share, steadily promote the group's expansion of its green new energy business, and strive to create greater value for shareholders.
In addition, the company's electrical utilities sales in Guangdong and Shandong provinces are currently progressing smoothly, with a customer annual electricity consumption of more than 1.4 billion kilowatt-hours. The company plans to continue expanding its business in Shanxi Province and other provinces with spot markets in the future.
