Harbin Boiler Co.

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20192020202120222023202420252026

AcquisitionContract

Nov 28, 2019ACQUISITIONChina$61.6M
Harbin Electric to buy minority stakes in three subsidiaries for CNY 433 million
Harbin Electric (01133) signed an agreement with Huarong Company to purchase 10.37% of Electric Company, 5.22% of Boiler Company, and 26.96% of Turbine Company for a total of approximately CNY 433 million, increasing its ownership in each.
Harbin Electric acquirer Harbin Turbine Company target Harbin Boiler Co. target Huarong Company partner Harbin Electric Machinery Company target #Power Generation Equipment beta.zhitongcaijing.com
May 13, 2019CONTRACTFugu power plant, China
Valmet to supply boiler diagnostics systems to Harbin Boiler Co. in China
Valmet will supply two Acoustic Pyrometer systems to Harbin Boiler Co., Ltd. for installation at the Fugu power plant in China. The order was booked in Q4 2018 and delivery is scheduled for Q2 2019.
Valmet supplier Harbin Boiler Co. customer #Power Generation Equipment valmet.com

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