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PUXING ENERGY (00090.HK) intends to sell 51% of its equity in Zhejiang PUXING DENENG RANQI Power Generation.
On December 30, Gelonghui announced that PUXING ENERGY (00090.HK) signed an Equity Transfer agreement on December 30, 2024, with the seller PUXING ENERGY (Hong Kong) Limited (a wholly-owned subsidiary of the company), the buyer Shunfa Hengneng Co., Ltd. and the target company. According to this agreement, the seller conditionally agrees to sell and the buyer conditionally agrees to purchase 51% equity of the target company Zhejiang PUXING DENENG RANQI Power Generation Co., Ltd., with a price of RMB 0.143 billion (subject to the terms and conditions of the Equity Transfer agreement). As of the date of this announcement, the company is holding through the seller and Lantian Power Plant (both wholly-owned subsidiaries of the company).
Express News | Puxing Energy Ltd - Group Will Recognise Loss of RMB2.1 Mln From Disposal
Express News | Puxing Energy Ltd - Unit to Sell 51% of Stake in Zhejiang Puxing Deneng Natural Gas Power for RMB142.7 Mln
Shunfa Hengye Corporation (000631.SZ) plans to invest 0.143 billion yuan to acquire 51% equity of Puxingdeneng, expanding its business layout in the clean Energy sector.
Shunfa Hengye Corporation (000631.SZ) announced that the company held the ninth Board of Directors meeting on November 22, 2022...
Puxing Energy Announces Board and Committee Updates
PUXING ENERGY (00090.HK): Li Yunjun resigns as Director.
Glory Holdings announced on December 30 that PUXING ENERGY (00090.HK) announced that Li Yunjun has submitted her resignation as a non-executive Director for personal work reasons, effective from December 30, 2024.
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