远达环保重大资产重组获证监会注册批复 国家电投集团境内水电资产整合平台再进一步

Core Viewpoint - Company plans to acquire 100% equity of Wuling Power and 64.93% equity of Changzhou Hydropower, marking significant progress in asset integration with State Power Investment Corporation [1][5] Group 1: Transaction Details - The total transaction price (excluding fundraising) is approximately 271.80 billion yuan, with Wuling Power's equity valued at about 242.67 billion yuan and Changzhou Hydropower's at approximately 29.12 billion yuan [2] - Payment structure includes 36.04 billion yuan in cash and 235.76 billion yuan in shares [2] - Company will issue shares to raise up to 50 billion yuan at a price of 6.55 yuan per share [3] Group 2: Company and Market Position - Wuling Power is the largest clean energy developer in Hunan Province, with a hydropower capacity accounting for about 29% of the province's total [3] - Changzhou Hydropower is located in Guangxi, benefiting from abundant water resources [3] Group 3: Future Goals and Performance Commitments - Company aims to enhance operational efficiency and core competitiveness through this transaction, with a focus on integrating water power assets [4][5] - Performance commitments for Wuling Power include net profits of no less than 3.06 billion yuan, 3.33 billion yuan, and 3.53 billion yuan for 2025, 2026, and 2027 respectively [4] - For Changzhou Hydropower, the commitments are net profits of no less than 3.21 billion yuan, 3.38 billion yuan, and 3.43 billion yuan for the same years [4]