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CHN Energy Changyuan Electric Logs 74% Rise in September Output
chn energy changyuan electric power (000966.SZ): Jingzhou company plans to purchase a portion of the assets of Wuhan fuel Sha Shi coal storage and distribution center.
Grain Ronghui September 27th, Chn Energy Changyuan Electric Power (000966.SZ) announced that in order to effectively solve the problem of the increased demand for waterway coal transportation after the commissioning of the expansion project of Guoneng Changyuan Jingzhou Thermal Power Co., Ltd. (referred to as Jingzhou Company) (2×0.35 million kilowatts), and establish a stable coal transportation channel, Jingzhou Company intends to purchase certain assets of Wuhan Fuel Co., Ltd. (referred to as Wuhan Fuel) Sha Shi Coal Storage and Distribution Center, and carry out technical upgrades such as enhancing transportation capacity after the completion of the acquisition. The target assets mainly include buildings, structures, machinery, and equipment. The transaction price is based on the evaluation value and determined to be 9,041.5.
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