Zhitong Finance App News, Longyuan Electric Power (00916.HK) issued an announcement. The board of directors of the Company approved the signing of an “Equity Transfer Agreement” between the Company and the National Energy Group, which will be signed no later than November 30, 2026. The company conditionally agreed to acquire and the National Energy Group conditionally agreed to sell 49% of the shares in the target company Guangdong Guoneng Longyuan, at a consideration of RMB 186 million.

Zhitongcaijing · 3d ago
Zhitong Finance App News, Longyuan Electric Power (00916.HK) issued an announcement. The board of directors of the Company approved the signing of an “Equity Transfer Agreement” between the Company and the National Energy Group, which will be signed no later than November 30, 2026. The company conditionally agreed to acquire and the National Energy Group conditionally agreed to sell 49% of the shares in the target company Guangdong Guoneng Longyuan, at a consideration of RMB 186 million.