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According to Zhitong Finance App, Jingneng Clean Energy (00579.HK) announced that on September 3, 2026, the company and the target company (Beijing Jingxi Gas Thermal Power Co., Ltd., a wholly-owned subsidiary of the company) entered into a capital increase agreement with Jingxi Power. Based on this, Jingxi Power conditionally agreed to subscribe to the target company's additional registered capital at the cost of land use rights. The land use rights were assessed at about 280 million yuan. After the proposed subscription is completed, the company's shares in the target company will be reduced from 100% to 87.95%, and the target company will continue to be a subsidiary of the company. Jingxi Electric Power will hold 12.05% of the underlying company's shares.
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According to Zhitong Finance App, Jingneng Clean Energy (00579.HK) announced that on September 3, 2026, the company and the target company (Beijing Jingxi Gas Thermal Power Co., Ltd., a wholly-owned subsidiary of the company) entered into a capital increase agreement with Jingxi Power. Based on this, Jingxi Power conditionally agreed to subscribe to the target company's additional registered capital at the cost of land use rights. The land use rights were assessed at about 280 million yuan. After the proposed subscription is completed, the company's shares in the target company will be reduced from 100% to 87.95%, and the target company will continue to be a subsidiary of the company. Jingxi Electric Power will hold 12.05% of the underlying company's shares.
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