On December 6, Gelonhui announced that in order to fully cooperate with the local government to successfully complete the land collection and storage as scheduled, in accordance with the "State-owned Land Use Rights Recovery Agreement", "Relocation Compensation Agreement" and "Supplementary Agreement" signed by Shenzhen Nanshan Power's subsidiary Shenzhen Nanshan Electrical Power Co., Ltd. (hereinafter referred to as the "Company") and the Cui Heng Xin Area Management Committee in Zhongshan, Shenzhen Nanshan Power Zhongshan Company, in accordance with the relevant provisions of the "Enterprise Accounting Standards" and the Company's "Fixed Asset Management Regulations", classified existing assets based on the principles of "useful old assets" and "scrap assets", and in conjunction with the relocation feasibility, proposed to dispose of a total of 144 assets, including some assets that do not have economic viability for demolition and restoration, as well as assets related to heat and power cogeneration.
深南电A(000037.SZ):深南电中山公司拟报废处理共144项资产
Shenzhen Nanshan Power (000037.SZ): The Shenzhen Nanshan Power Zhongshan Company plans to dispose of a total of 144 assets.
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