Taiyuan Heavy Industry announced that it plans to transfer some of its wind power project assets and liabilities to Baise Nengyu New Energy Co., Ltd., a wholly-owned subsidiary, based on the audited book value of net assets on the base date of August 31, 2023. 100% equity of Nengyu Company was transferred to the company’s controlling shareholder Taizhong Group, with a transfer price of 1.48 billion yuan.

Zhitongcaijing · 11/13/2023 11:01
Taiyuan Heavy Industries announced that it plans to transfer some of the assets and liabilities of the wind power project to Baise Nengyu New Energy Co., Ltd., a wholly-owned subsidiary, according to the net asset book value audited on August 31, 2023, and then transfer 100% of Baise Nengyu Company's shares to Taizhong Group, the controlling shareholder of the company, at a transfer price of 1.48 billion yuan.