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China Shipbuilding Industry Group Power plans to purchase 16.5136% equity in China Ship Diesel Engine Co., Ltd. from China Shipbuilding Industry Group.

Breakings ·  Apr 29 22:23

China Shipbuilding Industry Group Power (600482.SH) announced that the company will purchase 16.5136% equity in China Ship Diesel Engine Co., Ltd. held by China Shipbuilding Industry Group through the issuance of convertible CSI Enterprise bonds and cash payment. After this equity change, China Shipbuilding Industry Group will hold 176,427,729 shares of the company, accounting for 7.26% of the total share capital. This equity change will not lead to changes in the company's controlling shareholder or actual controller and will not have a significant impact on the company's daily production and operation.

The translation is provided by third-party software.


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