Summary by Futu AI
China Power International Development Limited ("China Power") released an announcement on October 31, 2024, disclosing the unaudited third-quarter financial report of its subsidiary Wuling Power Co., Ltd. ("Wuling Power"). Wuling Power issued a total of 0.4 billion yuan in asset-backed debt financing instruments within China and disclosed its financial condition in accordance with Chinese regulations. The report shows that, as of September 30, 2024, Wuling Power's revenue and other income reached 6,732,224 thousand Chinese yuan, with a net profit of 1,511,527 thousand Chinese yuan for the period, total assets of 65,659,487 thousand Chinese yuan, total liabilities of 42,748,040 thousand Chinese yuan, and shareholders' equity of 22,911,447 thousand Chinese yuan. China Power reminds shareholders and potential investors that this financial data only reflects the situation of Wuling Power and should not be solely relied upon for trading decisions. The announcement was issued by China Power Chairman He Xidai on behalf of the board of directors.