广州发展(600098.SH)：电力集团拟参与禄丰公司35%股权竞拍

Core Viewpoint - Guangzhou Development (600098.SH) aims to accelerate the construction of a new power system and optimize its industrial structure by expanding into new areas of energy business, particularly focusing on increasing the proportion of renewable and green low-carbon energy [1] Group 1 - The company’s wholly-owned subsidiary has approved the acquisition of a 35% stake in China Electric Power Construction (Lufeng) Pumped Storage Development Co., Ltd. [1] - The acquisition will be conducted at a value not exceeding 53.7999 million yuan based on the asset appraisal report [1]