Brief: China Longyuan Power Announces Formation Of Joint Venture

China Longyuan Power

25/04/2023 13:40

April 25 (Reuters) - China Longyuan Power Group Corp Ltd
 0916.HK :
    * FORMATION OF JOINT VENTURE
    * FUJIAN LONGYUAN, FUJIAN GUODIAN AND WANHUA CHEMICAL
ENTERED INTO
INVESTMENT AGREEMENT
    * FUJIAN LONGYUAN, FUJIAN GUODIAN AND WANHUA CHEMICAL AGREED
TO
FORM JOINT VENTURE
    * FUJIAN LONGYUAN TO CONTRIBUTE RMB299.475 MILLION TO JV,
45% OF
TOTAL REGISTERED CAPITAL OF JV
    * TOTAL REGISTERED CAPITAL OF JV SHALL BE RMB665.50 MILLION
    * JOINT VENTURE FOR POWER GENERATION BUSINESS, POWER
TRANSMISSION
BUSINESS, AMONG OTHERS


Further company coverage:  0916.HK 

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