GDG(SH:600098) Shang Hai Zheng Quan Bao·2025-11-28 19:54Group 1 - The company has approved its wholly-owned subsidiary, Guangzhou Development Power Group Co., Ltd., to acquire 50% equity in China Electric Power Construction (Fumin) Pumped Storage Development Co., Ltd. through a public bidding process [1][2] - The transaction price for the 50% equity stake is set at 53.2284 million yuan [2] - This acquisition aligns with the company's strategy to support national goals and enhance its control over quality pumped storage projects, contributing to its industrial transformation and collaborative development [3] Group 2 - The company has also approved the acquisition of a 35% equity stake in China Electric Power Construction (Lufeng) Pumped Storage Development Co., Ltd. [7] - The transaction price for the 35% equity stake is set at 53.2535 million yuan [7] - This move is part of the company's efforts to optimize its industrial structure and expand into new areas of energy business, increasing the proportion of renewable and low-carbon energy [8]