According to Zhitong Finance App News, Tianneng Power (00819.HK) announced that on October 30, 2026 (after the transaction period), Tianneng New Materials (an indirect non-wholly-owned subsidiary of the company), Tianchang Holdings and Anhui Xinna entered into an equity transfer agreement. According to this, Tianneng New Materials has agreed to buy and Tianchang Holdings has agreed to sell target shares (equivalent to 50.10% of the registered capital of Anhui Xinna). The cost is approximately RMB 1503 million, to be paid by Tianchang Holdings for the additional registered capital of Tianneng New Materials.
Zhitongcaijing · 1d ago
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According to Zhitong Finance App News, Tianneng Power (00819.HK) announced that on October 30, 2026 (after the transaction period), Tianneng New Materials (an indirect non-wholly-owned subsidiary of the company), Tianchang Holdings and Anhui Xinna entered into an equity transfer agreement. According to this, Tianneng New Materials has agreed to buy and Tianchang Holdings has agreed to sell target shares (equivalent to 50.10% of the registered capital of Anhui Xinna). The cost is approximately RMB 1503 million, to be paid by Tianchang Holdings for the additional registered capital of Tianneng New Materials.
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