CHINA DYNAMICS AND EASTERN FERRY SIGN MOU FOR STRATEGIC COOPERATION TO JOINTLY PROMOTE GREEN MARINE TRANSPORT

CHINA DYNAMICS AND EASTERN FERRY SIGN MOU FOR STRATEGIC COOPERATION TO JOINTLY PROMOTE GREEN MARINE TRANSPORT

LAUNCH OF HONG KONG’S FIRST ELECTRIC FERRYBOAT LIKELY SOON (Hong Kong, 20 May 2019) – China Dynamics (Holdings) Limited (“China Dynamics” or the “Group”) (HKEX stock code: 476), a provider of new energy vehicles and technology integrated solutions, and Eastern Ferry Company Limited (“Eastern Ferry”) have signed a Memorandum of Understanding (“MOU”) for strategic business cooperation, with the intention of jointly promoting development of green marine transportation in Hong Kong. According to the MOU, China Dynamics plans to provide new energy ferryboats to Eastern Ferry that match the partner’s upgrade and replacement needs to meet environmental protection and energy-saving requirements for marine vessels in Hong Kong. After preliminary discussions, the […]