Three Gorges Hydropower: Pre-listing transfer of 67% equity in Wuling Manganese Industry

People’s Finance and News, April 2. China Three Gorges Water Conservancy (600116) announced on April 2 that the company’s wholly owned subsidiary, Chongqing Wujiang Industrial (Group) Co., Ltd. (hereinafter referred to as “Wujiang Industrial”), plans to pre-announce the transfer through the Chongqing United Property Rights Exchange of 67% of the equity interest in its wholly owned subsidiary, Guizhou Wuling Manganese Industry Co., Ltd. (hereinafter referred to as “Wuling Manganese Industry”). This pre-announcement and transfer is scheduled to be carried out in Chongqing.

This pre-announcement is only for information pre-disclosure and solicitation of potential transferees’ intentions, and does not constitute a transaction. At present, the key details of the transaction—such as the identity of the counterparty, the transaction price, and the payment method—cannot yet be determined.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin