According to Zhitong Finance App, Longyuan Electric Power (00916.HK) issued an announcement. The company's board of directors approved the signing of an “Acquisition Agreement” between Shanghai Investment Company, a wholly-owned subsidiary of the company, and Xinyuan No.1 Fund, which will be signed no later than September 30, 2026. According to this, the Shanghai Investment Company conditionally agreed to acquire and Xinyuan No.1 Fund conditionally agreed to sell 100% of its shares in the target company Puyang County Yuanjing Renewable Energy Co., Ltd., at a consideration of RMB 149 million. The final consideration did not exceed the assessed value registered by the state-owned assets supervisory authority. The target company invested in the operation of a 100MW wind power project in Kunwu, Henan.

According to Zhitong Finance App, Longyuan Electric Power (00916.HK) issued an announcement. The company's board of directors approved the signing of an “Acquisition Agreement” between Shanghai Investment Company, a wholly-owned subsidiary of the company, and Xinyuan No.1 Fund, which will be signed no later than September 30, 2026. According to this, the Shanghai Investment Company conditionally agreed to acquire and Xinyuan No.1 Fund conditionally agreed to sell 100% of its shares in the target company Puyang County Yuanjing Renewable Energy Co., Ltd., at a consideration of RMB 149 million. The final consideration did not exceed the assessed value registered by the state-owned assets supervisory authority. The target company invested in the operation of a 100MW wind power project in Kunwu, Henan.