Core Viewpoint - Beijing Energy International (00686.HK) has announced a conditional agreement to acquire 70% of Yangzhou Tairun New Energy Power Development for approximately RMB 371 million, aligning with the company's strategy to expand its clean energy portfolio and optimize asset structure [1] Group 1: Acquisition Details - The buyer, Jingneng International (Gaoyou) New Energy, is a wholly-owned subsidiary of Beijing Energy International, while the seller is Gaoyou Yongtai Enterprise Operation Management [1] - The acquisition is set to be completed by December 22, 2025, and is expected to enhance the operational scale and asset base of the group [1] Group 2: Strategic Alignment - The board believes the acquisition aligns with the group's long-term focus on clean and renewable energy, supporting the transition to a green low-carbon energy system in line with China's 14th Five-Year Plan [1] - The deal is anticipated to create potential operational synergies through effective resource allocation and management integration, thereby strengthening the group's competitiveness in the clean energy market [1] Group 3: Project Capacity and Benefits - Post-acquisition, the target project's installed capacity will reach approximately 460 megawatts, which is geographically close to the group's existing photovoltaic project in Gaoyou, Jiangsu Province [1] - This proximity is expected to generate operational efficiencies and enhance overall power generation capacity, ultimately improving the group's profitability [1]
北京能源国际(00686.HK)拟3.71亿元收购扬州泰润新能源电力发展70%股权