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CHINA LONGYUAN Acquires Equity Interests in 8 Target Firms from Controlling Shareholder for ~RMB1.69B
CHINA LONGYUAN (00916.HK) entered into the Equity Transfer Agreements with CHN Energy Asset Management Company, CHN Energy Gansu Electric Power and CHN Energy Guangxi Electric Powe...
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CHINA LONGYUAN Acquires Equity Interests in 8 Target Firms from Controlling Shareholder for ~RMB1.69B
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CHINA LONGYUAN (00916.HK)  -0.020 (-0.306%)    Short selling $22.87M; Ratio 9.537%   entered into the Equity Transfer Agreements with CHN Energy Asset Management Company, CHN Energy Gansu Electric Power and CHN Energy Guangxi Electric Power, all of which are subsidiaries of its controlling shareholder CHN ENERGY Group, pursuant to which the above 3 companies have conditionally agreed to transfer the equity interests in the eight Target Companies at a total consideration of RMB1.686 billion, according to CHINA LONGYUAN's announcement.

The eight Target Companies are Junan New Energy, Hukou Wind Power, Gansu Wind Power, Xiahe New Energy, Minqin Wind Power, Wuwei New Energy, Beishan New Energy and Tengxian Energy Development.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-14 16:25.)

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