Guodian United Power

China Energy Group has agreed to acquire approximately 15.68% of Guodian United Power from Guodian Science and Technology for about 408 million yuan, and then inject 1.475 billion yuan into Guodian United Power. Longyuan Power will also inject 632 million yuan. The agreement has become effective.

Guodian Tech&Environment agreed to sell a 15.68% stake in Guodian United Power to China Energy for CNY408 million, as part of a broader restructuring that also includes capital increases by China Energy and Longyuan Power.

Longyuan Power agreed to invest CNY632 million in Guodian United Power as part of a capital increase and equity restructuring involving China Energy and Guodian Tech&Environment. The deal aims to improve Guodian United Power's financial position and expand its wind turbine manufacturing capacity.