Bakhu Holdings Corp.’s (BKUH.OB) Merger Signals its Entry into Solar Energy; Manufacturing Agreement Set to Produce Positive Long-Term Results
Bakhu Holdings Corp. is working toward entering the green energy market through the acquisition of China-based solar manufacturer Shenzhen Xinhonglian Solar Energy Co. Ltd. (SXSE). The company yesterday officially announced its plan to merge with Shenzhen and also said it has reached an agreement with ZTE, a company pursuing a leading position in the global mobile manufacturing market. After the completion of the merger between Bakhu Holdings Corp. and SXSE, the companies will emerge as Bakhu Solar Corp. Bakhu will maintain SXSE’s strategy to manufacture a wide range of solar products for commercial and consumer applications. SXSE was created in…