EQS Newswire / 24/06/2024 / 18:34 UTC+8 Deltrix (Kazakhstan) Limited, a wholly-owned subsidiary of Trio Industrial Electronics Group Limited (“Trio Group” or the “Group”, Stock code: 1710.HK), signed a comprehensive cooperation agreement with Sinooil (China National Petroleum) (A joint venture oil sales company of China National Petroleum and local enterprises in Kazakhstan) in Kazakhstan on 21 June 2024, to deploy EV chargers, set up EV charging stations and the related supporting facilities across Sinooil’s 143 gas stations in Kazakhstan. This collaboration marks a closer relationship between two parties for the expansion of Trio Group’s new energy business in Kazakhstan, following the first one in February 2024.
Map of 143 gas stations across Kazakhstan where Deltrix and Sinooil’s jointly self-operated EV charging stations locate Trio Group is committed to the development of the new energy business. While escalating the investment in the R&D of EV chargers, Trio Group, capitalising on the exponential growth of Chinese electric vehicles’ overseas business, stays abreast of this development and rapidly layouts its EV servicing businesses. Not only does Trio Group provide EV charging services at EV charging stations in Kazakhstan, it also expands its service scope through providing in-store screen advertising, car rental, and car sale. In the future, Trio Group plans to fully integrate a multifunctional service system through its own application (APP) platform and establishes partnerships with leading brands to fully extend the Group’s revenue streams. Mr. Wong added, “Trio Group is transforming from being an upstream manufacturer of EV chargers and power supply products to a downstream business operator to operate EV charging stations, and new energy business supply chain with its ecosystem business. This is a breakthrough to Trio Group ‘s business. I would like to take this opportunity to express my sincere thank you to PetroChina for their excellent support, and the tremendous efforts and contributions by the Deltrix new energy business and supporting teams. This collaboration also honours my commitment made in the Chairman’s Message of guiding Trio Group to the next milestone.”
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24/06/2024 Dissemination of a Financial Press Release, transmitted by EQS News. Media archive at www.todayir.com |