广州发展：关于参与竞拍中电建（富民）抽水蓄能开发有限公司50%股权的进展公告

Core Points - Guangzhou Development announced the approval of an investment cooperation agreement for its wholly-owned subsidiary, Guangzhou Development Power Group Co., Ltd. [2] - The subsidiary will acquire 50% equity of China Electric Power Construction (Fumin) Pumped Storage Development Co., Ltd. through a public bidding process [2] - The transaction price for the acquisition is set at 53.2284 million yuan [2] Summary by Category - Company Actions - The board of Guangzhou Development approved the investment cooperation agreement for its subsidiary [2] - The subsidiary will act as the buyer for the 50% equity stake in the target company [2] - Transaction Details - The acquisition will be based on an asset appraisal report [2] - The transaction price is 53.2284 million yuan, with the remaining payment to be made as per the contract [2] - The transaction will be formalized with a property transaction contract signed with the transferor [2]