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Gannan Energy Co., Ltd.: Plans to acquire 100% equity of Dongdian Company for 138 million yuan
Mars Finance News, May 11 — Ganneng Co., Ltd. announced that the company plans to acquire 100% equity of Jiangxi Dongjin Power Generation Co., Ltd., held by its controlling shareholder Jiangtou Group, through a cash payment of 138 million yuan. This transaction aims to fulfill Jiangtou Group’s commitment to avoid horizontal competition. After the transaction is completed, Dongdian Company will be included in the company’s consolidated financial statements. (Company Announcement)