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JinTouCheng Kai: intends to purchase equity of Energy Group and other companies through asset replacement, etc.
Jinshi Data News on December 17th, Jintou Chengkai announced that due to the planning of major asset restructuring, the company’s stock will be suspended from trading from December 18, 2024, and the suspension period is expected to be no more than 10 trading days. The transaction is intended to acquire the controlling rights of Tianjin Energy Investment Group Co., Ltd. and its subsidiaries holding Tianjin Jinneng Co., Ltd., Tianjin Thermal Power Co., Ltd., Tianjin Port Yi Supply and Heating Co., Ltd., Tianjin Jinneng Wind Power Co., Ltd. and Tianjin Energy Group New Energy Co., Ltd. through asset replacement, issuance of shares and payment of cash. The assets to be disposed of are all assets and liabilities of the company except for the 46.33% equity of Huafu Palace Company that is intended to be sold. The specific scope of the assets to be acquired is still under discussion.