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RTNominal unchange0.179 0.000 (0.000%)

13/10/2021 15:34

HK Asia Hldgs (01723) explores electric vehicles business

[ET Net News Agency, 13 October 2021] HK Asia Holdings Limited (01723) said the company
has recently been engaging in a series of discussions with potential business partners,
who have extensive experience in R&D technology and telecommunication application
(including the usage of SIM cards) in the electro-mobility segment with a focus on the
electric platforms solutions industry, to explore the possibility of establishing a joint
venture for developing related businesses including but not limited to electric vehicles
and telecommunication application focusing on electric vehicles and clean energy.
The initial main target market will be the People's Republic of China. The board
believes that the electric platforms technology market will have good prospects for
development under the supporting policy of the PRC government. (RC)

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