-+ 0.00%
-+ 0.00%
-+ 0.00%

According to the Zhitong Finance App, China Electric Power (02380.HK) issued an announcement regarding the company's potential sale of 24.8726% of the shares in Qiyuanxin Power (an associated company of the Company) on the Shanghai Equity Exchange through public listing. On August 18, 2026, after the public listing period expired, the Company entered into a property rights transaction contract with the transferee, Ningde Times. The company agreed to sell, and the transferee agreed to acquire the underlying shares at a cost of about RMB 2,555.7 billion (approximately HK$2,971.7 billion). After the sale is completed, the Company will no longer hold any shares in Qiyuan Power.

Zhitongcaijing·08/18/2026 12:09:03
Listen to the news
According to the Zhitong Finance App, China Electric Power (02380.HK) issued an announcement regarding the company's potential sale of 24.8726% of the shares in Qiyuanxin Power (an associated company of the Company) on the Shanghai Equity Exchange through public listing. On August 18, 2026, after the public listing period expired, the Company entered into a property rights transaction contract with the transferee, Ningde Times. The company agreed to sell, and the transferee agreed to acquire the underlying shares at a cost of about RMB 2,555.7 billion (approximately HK$2,971.7 billion). After the sale is completed, the Company will no longer hold any shares in Qiyuan Power.