Shaanxi Energy Investment Co., Ltd. (SZSE:001286) agreed to acquire 51% stake in State Power Investment (Xinfeng) Power Generation Co., Ltd. from State Power Investment (Ganzhou) Energy Co., Ltd. and others for CNY 38.4 million on June 17, 2024. The deal has been approved by board of directors of Shaanxi Energy Investment Co., Ltd. As of April 30, 2024, State Power Investment (Xinfeng) Power Generation Co., Ltd reported total assets of CNY 250 million, and total common equity of CNY 75 million.

Shaanxi Energy Investment Co., Ltd. (SZSE:001286) completed the acquisition of 51% stake in State Power Investment (Xinfeng) Power Generation Co., Ltd. from State Power Investment (Ganzhou) Energy Co., Ltd. and others on June 18, 2024.