Sep 27, 2021 07:30 PM (GMT+8) · EqualOcean
Financial Associated Press, September 27 - Huadian International announced that the company plans to transfer 100% equity and creditor's rights of Shanxi Maohua to China Huadian Group by agreement. The equity transfer price is RMB 1; The specific amount of creditor's rights and its transfer price are calculated based on the amount of creditor's rights determined in Shanxi Maohua's audit report issued by the audit institutions recognized by both parties on the delivery date, which is about RMB 2.852 billion (equivalent transfer). The final transfer price of Shanxi Maohua's equity and creditor's rights is the sum of its equity transfer price, the amount of profit and loss in the transition period agreed in the transfer agreement and its creditor's rights transfer price.

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