Inner Mongolia Huadian: the application documents for the issuance of shares and payment of cash to purchase assets and raise supporting funds have been accepted by the Shanghai Stock Exchange.
Inner Mongolia Huadian announced that the company plans to purchase 70% equity of Beifang Shangdu Zhenglanqi New Energy Co., Ltd. and 75.51% equity of Beifang Duolun New Energy Co., Ltd. held by Beifang United Power Co., Ltd. through a combination of share issuance and cash payment, and raise matching funds. On August 4, 2025, the company received a notice from the Shanghai Stock Exchange on the acceptance of the application for issuance of shares to purchase assets and raise matching funds by Inner Mongolia Mengdian Huaneng Thermal Power Co., Ltd. The Shanghai Stock Exchange has decided to accept and conduct legal review. This transaction still needs to be formally implemented after approval by the Shanghai Stock Exchange and registration by the China Securities Regulatory Commission.
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