crashnsanetrilogy| Zhongneng Holdings is now up more than 5% New Natural Gas plans to invest 150 million yuan to indirectly obtain 10.2% equity of Zhongneng Holdings

Zhitong Finance APP learnedcrashnsanetrilogy, Zhongneng Holdings (00228) is now up more than 5%crashnsanetrilogy, as of press time, up 5crashnsanetrilogy.45%, reported 0crashnsanetrilogy.116 Hong Kong dollars, with a turnover of 1.6357 million Hong Kong dollars.

crashnsanetrilogy| Zhongneng Holdings is now up more than 5% New Natural Gas plans to invest 150 million yuan to indirectly obtain 10.2% equity of Zhongneng Holdings

On the news front, New Natural Gas announced that it plans to acquire 100% equity of Bailong Co., Ltd. held by Wang Guoju through its wholly owned overseas subsidiary Jiaying for a cash consideration of HK$160 million (equivalent to RMB 150 million). Given that Bailong holds 10.20% of the shares of China Energy Development Holdings Co., Ltd., after the completion of this transaction, the company will indirectly hold 10.20% of the issued shares of China Energy Holdings.

In addition, China Energy Holdings recently announced that starting from April 30, Zhao Guoqiang has resigned as executive director, chief executive president and authorized representative because he wants to devote more time to personal affairs; Liu Dong has been appointed as executive director, chief executive president and authorized representative of the company.

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