China National Complete Plant Import & Export Corporation Limited (SZSE:000151) entered into an agreement to acquire a 60% stake in Xinyuan (China) Environmental Technology Co., Ltd. from SDIC Environmental Power Co., Ltd for approximately CNY 420 million on December 17, 2021. Transaction has been reviewed and approved at the 37th meeting of the SDIC Power's eleventh board of directors. Currently, SDIC Environmental Power Co., Ltd. holds 60% stake , Xinyuan (Hong Kong) Environment Co., Ltd. holds 25% stake, Xiamen Xinnai Enterprise Management Partnership holds 15% stake in Xinyuan (China) Environmental.
China National Complete Plant Import & Export Corporation Limited
Equities
000151
CNE0000014J4
Construction & Engineering
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- China National Complete Plant Import & Export Corporation Limited entered into an agreement to acquire a 60% stake in Xinyuan Environmental Technology Co., Ltd. from SDIC Environmental Power Co., Ltd for approximately CNY 420 million.