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State Power Investment Transfers Shares in Jilin Electric Power to Fully-Owned Subsidiary
Jilin Electric Power (000875.SZ): The controlling shareholder and the enterprise controlled by the actual controller are planning to transfer the company's shares through a proposed agreement.
On September 11th, Gelonhui announced that its controlling shareholder, State Power Investment Corporation Jilin Energy Investment Co., Ltd. (referred to as "Jilin Energy Investment"), has signed Share Transfer Agreements with State Power Investment Corporation Finance Co., Ltd. (referred to as "Finance Company") and China Electric Power Complete Equipment Co., Ltd. (referred to as "China Electric Power"). Finance Company and China Electric Power will transfer their unrestricted tradable shares of 58,913,458 shares (Finance Company will transfer 34,482,758 shares, accounting for 1.24% of the total shares of the company; China Electric Power...
Jilin Electric PowerLtd (SZSE:000875) Sheds 5.5% This Week, as Yearly Returns Fall More in Line With Earnings Growth
Jilin Electric Power (000875.SZ): The affiliated company plans to accept Shandong Institute's EPC engineering general contracting services with a total contract value of 1.549 billion yuan.
Gelonghui, August 28th - Jilin Electric Power Co., Ltd. (000875.SZ) announced that its affiliated companies, Shandong Jilin Electric New Energy Co., Ltd. (hereinafter referred to as 'Shandong Jilin Electric'), Jilin Electric (Weifang) New Energy Technology Co., Ltd. (hereinafter referred to as 'Jilin Electric Weifang'), and Yancheng Jilin Electric Hydrogen Energy Technology Co., Ltd. (hereinafter referred to as 'Yancheng Jilin Electric'), are planning to accept EPC engineering general contracting services provided by Shandong Electric Power Engineering Consulting Institute Co., Ltd. (hereinafter referred to as 'Shandong Institute'). This related transaction is formed through public bidding, with a total contract price of 1.549 billion yuan.
Sinolink Securities: Continuous doubling of FCV production and sales, green hydrogen projects are gradually being tendered.
From January to July 2024, the cumulative installed capacity of fuel cell energy systems was 437.58 MW, a year-on-year increase of 41%. The expected industry shows a high growth trend, and with the implementation of detailed policies and the improvement of industry chain maturity, there is a strong certainty of an increase in output.
Jilin Electric Power (000875.SZ) has not yet partnered with China Tianying Inc.
On August 16th, 2024, Jilin Electric Power Co., Ltd. (000875.SZ) stated during a specific target survey that they have not yet cooperated with China Tianying Inc.
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