Financial Wire

Aiko Solar Energy's Unit to Buy Photovoltaic Equipment for 46 Million Yuan; Shares Up 3%

-- Shanghai Aiko Solar Energy's (SHA:600732) unit, Shandong Aiko Solar Technology, plans to purchase six sets of photovoltaic cell wet-process production equipment from Suzhou Puyite Automation System for 45.9 million yuan, according to a Shanghai bourse filing on Friday.

Puyite Automation is a related company as its actual controller, Chen Gang, is also the actual controller of the company.

The equipment will be delivered within 120 days.

The Chinese solar products manufacturer's shares jumped 3% during the afternoon trade.

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Aiko Solar Energy's Unit to Buy Photovoltaic Equipment for 46 Million Yuan; Shares Up 3% | Financial Wire