EVE Energy Co., Ltd. announced that its sixth Board of Directors' 55th meeting, held on June 27, 2025, reviewed and approved the Proposal on the Planned Investment by a Subsidiary in a New Energy Storage Battery Project in Malaysia.
The Company agreed to authorize its wholly-owned subsidiary, EVE Energy Storage Malaysia Sdn. Bhd., to invest in the construction of the new energy storage battery project using self-owned funds, proceeds from stock issuance, or raised capital (including but not limited to bank loans and other financial institution financing). The total investment shall not exceed Yuan 8,653.7796 million and the final investment amount will be determined based on actual project expenditures.
Edited by Cassie Li, lixiangying@mysteel.com
