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Wuchan Zhongda subsidiary acquires Taihu Electric Power for 14.6bn yuan

July 16, 2025 at 10:49 AM UTCBy FilingReader AI

Wuchan Zhongda's subsidiary Zhejiang Wuchan Environmental Energy will acquire 100% of Huzhou South Taihu Electric Power Technology for 14.6 billion yuan.

The thermal power cogeneration enterprise was valued at 15.3 billion yuan as of December 31, 2024, with a 700 million yuan post-valuation cash dividend reducing the acquisition price.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:600704Shanghai Stock Exchange

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