Ge Long Hui·2025-10-28 12:47Core Viewpoint - Datang International Power Generation Co., Ltd. has signed a contract to acquire a 50% stake in Anhui Electric Power Co., Ltd. for a nominal price of 1 RMB, which will result in Anhui Electric becoming a wholly-owned subsidiary of the company [1] Group 1: Transaction Details - Datang Anhui Power Co., Ltd. will purchase the 50% equity stake from Huainan Mining Group Co., Ltd. [1] - Following the transaction, Anhui Electric Power Co., Ltd. will be fully owned by Datang Anhui Power, and its financials will be consolidated into the company's reports [1] Group 2: Anhui Electric Power Overview - Anhui Electric Power Co., Ltd. was established in February 1999 and primarily engages in electricity and heat production and supply [1] - The company operates two 320MW thermal power generation units, which commenced operations in June 1997 and November 2005, respectively [1] - As of April 30, 2025, Anhui Electric Power's total assets are approximately 787 million RMB, total liabilities are about 2.473 billion RMB, and owner's equity is around -1.686 billion RMB, resulting in a debt-to-asset ratio of approximately 314% [1]