智通财经网·2025-10-31 06:56Core Viewpoint - Datang Power (00991) has seen a nearly 5% decline in stock price following the announcement of its acquisition of a 50% stake in Anhui Electric Power Co., Ltd. for 1 yuan, which will result in the company being fully consolidated into Datang International Power Generation Co., Ltd. [1] Group 1: Acquisition Details - Datang Power's wholly-owned subsidiary, Datang Anhui Power Co., Ltd., is acquiring a 50% stake in Anhui Electric Power Co., Ltd. from Huainan Mining at a price of 1 yuan [1] - Following the completion of this transaction, Anhui Electric Power will become a wholly-owned subsidiary of Datang International Power Generation and will be included in its consolidated financial statements [1] Group 2: Financial Impact - As of the assessment benchmark date of April 30, 2025, Anhui Electric Power's total assets are approximately 787 million yuan, with total liabilities reaching about 2.473 billion yuan, resulting in owner equity of -1.686 billion yuan and a debt-to-asset ratio of approximately 314% [1] - The transaction is expected to reduce the company's consolidated net profit by approximately 589 million yuan [1] - Changjiang Securities reported that Datang Power recognized an asset impairment loss of 1.206 billion yuan in the third quarter, primarily due to goodwill impairment provisions of 779 million yuan related to the acquisition of Anhui Electric Power [1]