Shanghai Electric Power Energy Development (Hongkong) Co., Ltd. announces a private placement of gross proceeds for CNY 839 million on July 27, 2023. The transaction included the participation from new investor Shanghai Electric Power, hold 100% stake. The transaction has been approved at the the resolution of the 6th extraordinary meeting of the board of directors from investor 2023.
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- Shanghai Electric Power Energy Development Co., Ltd. announced that it expects to receive CNY 839 million in funding from Shanghai Electric Power Co., Ltd.