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Huadian Power International Corporation Limited completed the acquisition of China Huadian Group Guigang Power Co., Ltd. from CHD Power Plant Operation Co., Ltd. for CNY 1.8 billion in cash.
Huadian Power International agreed to acquire 45.15% of Mengdong Energy and 36.86% of Fuyuan Thermal Power from CCB Financial and BOC Financial for CNY 1.5 billion, making both companies wholly owned subsidiaries.