Shaoneng Share plans to publicly transfer 100% equity of Sangzi company
2020-08-05 16:39:21 [Print]
Shaoneng Share announced on August 4 that after deliberation and approval by the board of directors, the company plans to publicly transfer 100% equity of Zhangjiajie Sangzi Comprehensive Utilization Power Plant Co., Ltd. (Sangzi company), a sub-subsidiary of Shaoneng.
In recent years, due to the higher coal price and other factors, the operating performance of Sangzi company, a wholly-owned subsidiary of Dafutan company, a wholly-owned subsidiary of Shaoneng, is not satisfactory. In order to divest the business, optimize the business structure and focus on the development of the main business, Shaoneng and Dafutan company plan to publicly transfer 100% equity of Sangzi company in Hunan United Property Exchange Co., Ltd.
In recent years, due to the higher coal price and other factors, the operating performance of Sangzi company, a wholly-owned subsidiary of Dafutan company, a wholly-owned subsidiary of Shaoneng, is not satisfactory. In order to divest the business, optimize the business structure and focus on the development of the main business, Shaoneng and Dafutan company plan to publicly transfer 100% equity of Sangzi company in Hunan United Property Exchange Co., Ltd.
