Core Viewpoint - Beijing Energy International (00686.HK) announced a conditional agreement to acquire 70% equity of Yangzhou Tairun Low Carbon Technology Development for approximately RMB 248 million, aligning with national renewable energy goals and the company's strategic development [1] Group 1: Acquisition Details - The buyer, Jingneng International (Gaoyou) New Energy, is a wholly-owned subsidiary of Beijing Energy International [1] - The target company primarily engages in power generation, transmission, distribution, and solar power technology services [1] - The acquisition is expected to enhance the company's operational capacity and profitability due to geographical proximity to existing projects [1] Group 2: Strategic Alignment - The board believes the acquisition supports China's renewable energy vision and the "14th Five-Year Plan" for energy transition [1] - The project has a potential installed capacity of approximately 294 megawatts, contributing to a stronger management and operational synergy with existing solar projects in Jiangsu Province [1]
北京能源国际(00686.HK)拟2.48亿元收购扬州泰润低碳科技发展70%股权