Shanghai Electric Power announced on the evening of September 2 that the cumulative increase deviation value of the company's stock over three consecutive trading days reached 20%, which is an abnormal fluctuation in stock trading. The company's major asset purchase of K-ELECTRIC LIMITED shares held by KES POWER LTD has not yet been settled. Since the terms of the transaction have not been implemented and the conditions are no longer in place, the company is organizing relevant parties to study matters relating to the termination of this transaction and implement relevant internal procedures.

Zhitongcaijing · 09/02/2025 09:57
Shanghai Electric Power announced on the evening of September 2 that the cumulative increase deviation value of the company's stock over three consecutive trading days reached 20%, which is an abnormal fluctuation in stock trading. The company's major asset purchase of K-ELECTRIC LIMITED shares held by KES POWER LTD has not yet been settled. Since the terms of the transaction have not been implemented and the conditions are no longer in place, the company is organizing relevant parties to study matters relating to the termination of this transaction and implement relevant internal procedures.