Zhongshan Public Utilities announced on July 21 that Zhongshan Public Energy Development Co., Ltd., a wholly-owned subsidiary of the company, plans to acquire 100% of the shares of Zhongshan Public Smart Energy Co., Ltd. for 408 million yuan. This transaction will promote the development of the company's main energy business, help accelerate the company's new energy related industry layout, and enhance the asset volume and industry competitiveness of the new energy sector.

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