Yankuang Energy Group to Dispose of 50% Stake in Subsidiary to Investor

MT Newswires Live02-14

Yankuang Energy Group (HKG:1171, SHA:600188) said WindSun Science & Technology (SHA:688663) has agreed to invest 55.9 million yuan in its indirect subsidiary Yanzhou Dongfang Electrical by subscribing for the additional registered capital of the target, a Friday bourse filing said.

The capital increase will see 50 million yuan out of the total investment included in the paid-up capital while the remaining will be included in the capital reserve.

After the completion, Yanzhou Dongfang Electrical will be owned 50% by the investor and 47.2% by Yankuang Donghua Heavy Industry, a subsidiary of the company, and will cease to be a subsidiary of the company.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2511660128?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-02-14 21:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2511660128","market":"nz","top_or_hot":-1,"title":"Yankuang Energy Group to Dispose of 50% Stake in Subsidiary to Investor","media":"MT Newswires Live","content":"<html><body><p> Yankuang Energy Group (HKG:1171, SHA:600188) said WindSun Science &amp; Technology (SHA:688663) has agreed to invest 55.9 million yuan in its indirect subsidiary Yanzhou Dongfang Electrical by subscribing for the additional registered capital of the target, a Friday bourse filing said.</p><p>The capital increase will see 50 million yuan out of the total investment included in the paid-up capital while the remaining will be included in the capital reserve.</p><p>After the completion, Yanzhou Dongfang Electrical will be owned 50% by the investor and 47.2% by Yankuang Donghua Heavy Industry, a subsidiary of the company, and will cease to be a subsidiary of the company.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yankuang Energy Group to Dispose of 50% Stake in Subsidiary to Investor</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nYankuang Energy Group to Dispose of 50% Stake in Subsidiary to Investor\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-02-14 21:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Yankuang Energy Group (HKG:1171, SHA:600188) said WindSun Science &amp; Technology (SHA:688663) has agreed to invest 55.9 million yuan in its indirect subsidiary Yanzhou Dongfang Electrical by subscribing for the additional registered capital of the target, a Friday bourse filing said.</p><p>The capital increase will see 50 million yuan out of the total investment included in the paid-up capital while the remaining will be included in the capital reserve.</p><p>After the completion, Yanzhou Dongfang Electrical will be owned 50% by the investor and 47.2% by Yankuang Donghua Heavy Industry, a subsidiary of the company, and will cease to be a subsidiary of the company.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2511660128","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2511660128","pubTimestamp":1739538991,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Yankuang Energy Group  said WindSun Science & Technology  has agreed to invest 55.9 million yuan in its indirect subsidiary Yanzhou Dongfang Electrical by subscribing for the additional registered capital of the target, a Friday bourse filing said.The capital increase will see 50 million yuan out of the total investment included in the paid-up capital while the remaining will be included in the capital reserve.After the completion, Yanzhou Dongfang Electrical will be owned 50% by the investor and 47.2% by Yankuang Donghua Heavy Industry, a subsidiary of the company, and will cease to be a subsidiary of the company.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"兖矿能源集团将向投资者出售子公司50%股权","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"600188":0.9,"01171":0.9},"content_text":"Yankuang Energy Group (HKG:1171, SHA:600188) said WindSun Science & Technology (SHA:688663) has agreed to invest 55.9 million yuan in its indirect subsidiary Yanzhou Dongfang Electrical by subscribing for the additional registered capital of the target, a Friday bourse filing said.The capital increase will see 50 million yuan out of the total investment included in the paid-up capital while the remaining will be included in the capital reserve.After the completion, Yanzhou Dongfang Electrical will be owned 50% by the investor and 47.2% by Yankuang Donghua Heavy Industry, a subsidiary of the company, and will cease to be a subsidiary of the company.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2511660128"}