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Chongqing Three Gorges Water Conservancy And Electric Power (600116.SH): Plans to increase capital by 0.6 billion Cash / Money Market for Changxing Electrical Utilities.
Gelonghui reported on December 11 that Chongqing Three Gorges Water Conservancy And Electric Power (600116.SH) announced that Chongqing Liangjiang Changxing Electrical Utilities Co., Ltd. (referred to as "Changxing Electrical Utilities") is a wholly-owned subsidiary of the company and is one of the first batch of pilot enterprises for electricity sales reform and the second batch of mixed-ownership reform pilots in the country, undertaking the important task of comprehensively constructing the company's "electricity sales +" business ecosystem. As of June 30, 2024, Changxing Electrical Utilities has total Assets of 2.554 billion yuan, net Assets of 1.338 billion yuan, and achieved Net income of 0.014 billion yuan in the first half of 2024. To promote Changxing Electrical Utilities closely around its Global Strategy positioning, achieving market-oriented electricity sales, and usage.
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chongqing three gorges water conservancy and electric power (600116.SH): Subsidiaries plan to contribute 50 million yuan to participate in the establishment of the Qianjiang Xingcai Fund.
Gelonghui October 14 | Three Gorges Water Conservancy and Electric Power (600116.SH) announced that the 102nd general manager's office meeting of the 10th session held on October 14, 2024 approved the "Request for Setting up the Qianjiang Xingcai Fund and Joint Investment Related Trades by Wujiang Industry through Joint Venture", in order to further develop the Qianjiang regional electrical utilities market, coordinate with local economic development, and achieve investment income. The meeting agreed that the company's wholly-owned subsidiary Wujiang Industry will invest 50 million yuan to establish the Qianjiang Xingcai Fund jointly with other parties.