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Hunan Development Group further acquires four hydropower stations as the integration of Hunan state-owned Assets accelerates | Quick read announcement.
① Hunan Development Group has once again initiated the integration of Energy Assets, planning to acquire the majority of shares in four hydropower stations under the controlling Shareholder. ② It has not yet been determined whether to set performance compensation commitments for this acquisition, and the company's Stocks will resume trading tomorrow.
Hunan Development Group (000722.SZ): The company's Stocks will resume trading from April 2.
On April 1st, Gelonghui reported that Hunan Development Group (000722.SZ) announced that, in accordance with the relevant regulations of the Shenzhen Stock Exchange, upon the company's application, the company's Stocks will resume trading starting from the market opening on April 2, 2025 (Wednesday).
Hunan Development Group (000722.SZ): plans to purchase 90% of the equity in Tongwan Hydropower, which will significantly increase the company's hydropower installed capacity and electricity generation.
Gelonghui, April 1st | Hunan Development Group (000722.SZ) announced that the company plans to acquire 90% equity of Copper Bay Hydropower, 90% equity of Clear Water Pond Hydropower, 95% equity of Xiaoxi Hydropower, and 85% equity of Gaotan Hydropower held by Xiangtou Energy through the issuance of shares and payment of Cash. At the same time, the listed company intends to issue shares to no more than 35 qualified specific investors to raise matching funds. The funds raised are intended for the payment of cash consideration for this transaction, related taxes, intermediary fees, project construction of the target company, as well as for supplementing the liquidity of the listed company or the target company, repaying debts, etc. Among them, the raised funds...
Hunan Development Group (000722.SZ): is planning a major Assets reorganization and will be suspended from trading starting March 19.
Gelonghui, on March 18, announced that Hunan Development Group (000722.SZ) is planning to issue shares and pay cash to acquire assets and raise supporting funds for related party transactions (hereinafter referred to as "this transaction"). According to the "Regulations on the Reorganization of Listed Companies" and other relevant laws and regulations, this transaction is expected to constitute a major asset reorganization, but it does not constitute a reorganization listing. Since this transaction is still in the planning stage, there are uncertainties regarding related matters. To ensure fair information disclosure, protect investor interests, and avoid abnormal fluctuations in the company's stock price, in accordance with the relevant regulations of the Shenzhen Stock Exchange, the company has applied for its stocks.
Hunan Development Unit to Build Solar-Powered Generator for 25 Million Yuan
Hunan Development Group (000722.SZ): Hunan Development Group plans to invest in the construction of rooftop distributed photovoltaic projects.
On November 22, Gelonghui reports that hunan development (000722.SZ) announced that, according to the company's energy business global strategy, its wholly-owned subsidiary, hunan development new energy fund Co., Ltd. (hereinafter referred to as "hunan development new energy"), plans to invest in the construction of a rooftop distributed photovoltaic project (hereinafter referred to as "the project") on the roof of the production workshop located in Shifeng District, Zhuzhou City, hunan Province. The project's planned direct current installed capacity is approximately 7.28MWp, and the alternating current installed capacity is approximately 6MW (subject to construction design), with a total static investment of approximately 24.752 million yuan.
Is The Market Rewarding Hunan Development Group Co., Ltd. (SZSE:000722) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
