# China Power to acquire 31% stake in Tuoli Power for CNY 310M

China Power announced it will acquire a 31% stake in Tuoli Power from Xinjiang Energy for approximately CNY 310 million, as part of a deal where China Power International and Pingmei Shenma Xinjiang will also acquire stakes of 10% and 49% respectively.

- Type: Acquisition
- Announced: 2025-07-17
- Where: Toli County, Tacheng, Xinjiang, China
- Value: $43.0M (310.0M CNY)
- Status: announced
- Products: electricity, wind power, energy storage
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [China Power International Holding Limited](https://endata.com/companies/38265.md) (acquirer)
- [China Power](https://endata.com/companies/86094.md) (acquirer)
- [Tuoli Power](https://endata.com/companies/86095.md) (target)
- [Xinjiang Energy](https://endata.com/companies/86096.md) (partner)
- [Pingmei Shenma Xinjiang](https://endata.com/companies/86097.md) (acquirer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/1319097.html), 2025-07-17: "该公司拟向新疆能源收购托里发电 31%的股权，代价为约人民币2421.21万元，另加交割后的资本承担约 人民币2.86亿元 ，合共约人民币 3.1亿元。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.