According to the Zhitong Finance App, China Hongqiao (01378.HK) announced that on September 11, 2026, Yunnan Hongqiao, an indirect subsidiary of the company, plans to acquire all shares of Weiqiao Xinchuang from Binzhou Public Construction at a total cost of about 240 million yuan. Weiqiao Xinchuang is mainly engaged in photovoltaic new energy power generation business in Yunnan, China. As of the date of this announcement, it has a total of 2 grid-connected photovoltaic power generation projects, with a total fixed installed capacity of 170 MW.

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