China Longyuan announced that the company intends to publicly list and transfer 27% equity of Jiangyin Sulong Thermal Power Co., Ltd., owned by it and its wholly-owned subsidiary Xiong Ya (Virgin Islands), on the Beijing Property Rights Exchange at a price not less than 1.31915.007 million yuan. The board of directors has approved the proposal, which does not require approval by the shareholders' meeting. The transaction does not constitute a major asset reorganization and the other party to the transaction has not been determined. Jiangyin Sulong's net assets in 2023 were 3.376 billion yuan, and net income was 485 million yuan. After the transaction is completed, Longyuan Electric's controlling installed capacity will be reduced by 1,240.764 MW, and net profit is expected to increase by 297 million yuan.
龙源电力：拟挂牌转让江阴苏龙27%股权 价格不低于131915.007万元
China Longyuan: intends to list and transfer 27% equity of Jiangyin Sulong, with a price no less than RMB 1,319,150,070.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.