Sep 27, 2021 06:40 PM (GMT+8) · EqualOcean
Financial Associated Press, September 27 - Yinxing Energy announced that the company plans to acquire the assets and liabilities related to the Helanshan 200MW wind power project of Alxa Left Banner of Chinalco Ningxia Energy Group Co., Ltd. by issuing shares or issuing shares and paying cash to buy assets, and raise supporting funds. Both parties intend to promote and solve the horizontal competition in the field of wind power generation by means of asset restructuring. The trading of the company's shares has been suspended since the opening of the market on September 27, 2021. The company expects to disclose the transaction plan within no more than 10 trading days.