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Guangzhou Development's Subsidiaries to Sell Expired Power Plant Units
Guangzhou Development Group Incorporated (600098.SH) intends to sell #1 and #2 units and related supporting equipment at a base price of 0.114 billion yuan through its wholly-owned subsidiary.
Guangzhou Development Group Incorporated (600098.SH) announced to implement the country's clean and low-carbon transformation of coal-fired power industry, aiming to establish a leading position...
Guangzhou Development Group Incorporated (600098.SH): Subsidiary intends to sell part of its assets through public listing.
On November 29, Gronhonhui reported that guangzhou development group incorporated (600098.SH) announced that to support the construction of the Guangzhou Pearl River Power Plant 2×600MW coal power eco-friendly concept substitution project, and to dispose of equipment that has reached the end of its service life, maximizing the recovery of asset value, the wholly-owned subsidiaries, Zhudian Company, Development Terminal Company, and Fuel Company, have agreed to sell #1 and #2 units and related supporting equipment through public listing. The transfer base price is proposed to be determined based on the recorded assessment value of 113,870,005.83 yuan (including tax) and involves the sale of the planned shutdown units and related equipment.
Express News | Guangzhou development group incorporated: Wholly-owned subsidiary increased capital to Jinghai Power Generation by 0.161 billion yuan
guangzhou development group incorporated (600098.SH): the company is following up on the use of perovskite solar energy batteries.
Gelonghui 18th November | Guangzhou Development Group Incorporated (600098.SH) stated at the performance briefing that the main shareholder of the company is progressing with the issuance of convertible bonds in accordance with relevant regulations. In recent years, the company's comprehensive financing interest rates have continued to decline. The company is currently following up on the use of titanium solar energy batteries.
guangzhou development group incorporated (600098): steady performance improvement driven by two wheels, outstanding growth in gas sales business.
Core view In the first three quarters of 2024, the company achieved revenue of 35.971 billion yuan, a year-on-year increase of 9.61%; net income attributable to parent company of 1.587 billion yuan, a year-on-year increase of 3.88%, mainly due to the year-on-year increase in profits of the gas group.