Home Business Jingyuan Coal and Electricity: Proposed to acquire 100% equity of Coal No. 1 Company and Huaneng Company_Oriental Fortune Net

Jingyuan Coal and Electricity: Proposed to acquire 100% equity of Coal No. 1 Company and Huaneng Company_Oriental Fortune Net

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Summary

[Jingyuan Coal and Electricity: Proposed Acquisition of 100% Equity of Coal No. 1 Company and Huaneng Company]Jingyuan Coal and Electricity announced that the company intends to acquire 100% of the equity of Coal No. After the equity acquisition, the company holds 100% equity of Coal No. 1 Company and Huaneng Company, and Coal No. 1 Company and Huaneng Company will become wholly-owned subsidiaries of the company. After negotiation by both parties, it was determined that the purchase price of Coal No. 1 Company was 123 million yuan, and the purchase price of Huaneng Company was 71.031 million yuan, and the total equity transfer price was 194 million yuan. (Financial Association)


  Jingyuan Coal and Electricityannouncementthe company plans to acquire 100% equity of Coal No. 1 Company and Huaneng Company held by Jingmei Group and undertake relevantshareholderRights and obligations, after this equity acquisition, the company will hold 100% of the equity of Mianyi Company and Huaneng Company, which will become the company’s wholly-owned subsidiaries.After negotiation by both parties, it was determined that the purchase price of Coal No. 1 Company was 123 million yuan, and the purchase price of Huaneng Company was 71.031 million yuan.Equity transferThe price is 194 million yuan.

(Article source: Financial Associated Press)

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