On December 27, Gelonghui reported that JNCEC (00579.HK) announced that Dachuan Company reached an agreement with the local government authority on the compensation matters for the withdrawal of four hydropower stations on December 26, 2024. After a joint asset evaluation by a third-party asset evaluation institution commissioned by both Dachuan Company and the local government authority, the total compensation cost related to the withdrawal of the four hydropower stations amounts to 440.64 million yuan. Both parties will sign a supplementary agreement regarding the specific payment arrangements.
京能清洁能源(00579.HK)：大川公司与当地政府主管部门就四座水电站退出补偿事宜达成协议
JNCEC (00579.HK): Dacha Company has reached an agreement with the local government authorities regarding the compensation for the exit of four hydropower stations.
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