Summary by Futu AI
CHINA ENERGY CONSTRUCTION CO., LTD. (“CHINA ENERGY CONSTRUCTION”) ISSUED A NOTICE ON 3 APRIL 2024 ANNOUNCING THE COMPLETION OF THE TRANSACTION FOR THE ACQUISITION AND MERGER OF THE CHINA GEZHOU DAM GROUP CO., LTD. The transaction did not involve raising funds and the issue price was RMB 1.96 per share. CITIC SECURITIES CO., LTD., AS SPONSOR, PROVIDED ONGOING SUPERVISION OF INFORMATION DISCLOSURE AND OTHER RELATED OBLIGATIONS UNDER THE MERGER PROCESS. According to the sponsor's summary report, China Construction complied with relevant legal and regulatory requirements in respect of information disclosure and no false records or significant omissions were found. In addition, China Energy Construction Group's pending business competition commitment will be extended to 31 December 2025. The announcement was made by the Representative Board of Directors of Mr. Song Hailiang, Chairman of China Power Construction.