Summary by Moomoo AI
China Power International Development Limited ("China Power") announced on October 31, 2024, disclosing the unaudited third-quarter financial report of its subsidiary, Wuling Power Limited ("Wuling Power"). Wuling Power issued a total of CNY 0.4 billion in asset-backed debt financing instruments in 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 CNY 6,732,224 thousand, with a net profit of CNY 1,511,527 thousand for the period, total assets of CNY 65,659,487 thousand, total liabilities of CNY 42,748,040 thousand, and shareholder equity of CNY 22,911,447 thousand. China Power reminds shareholders and potential investors that this financial information only reflects the situation of Wuling Power and should not be relied upon entirely for trading decisions. The announcement was issued by Chairman He Xi representing the board of directors of China Power.