Xinte Energy Sells Majority Stake in Key New Energy Subsidiaries

Reuters12-18 19:39
<a href="https://laohu8.com/S/01799">Xinte Energy</a> Sells Majority Stake in Key New Energy Subsidiaries

Xinte Energy Co., Ltd. has disclosed the disposal of its interests in several subsidiaries as part of the establishment of its First Tranche Program. Under the terms of the transaction, Inner Mongolia Energy and Guosen Securities Asset Management Co., Ltd. (the Manager) have entered into an agreement for the transfer of 79.92% of the interests in Xinjiang Fengzhi New Energy Power Generation Partnership. Additionally, the transaction involves the transfer of interests in Xilingol Xinyuan New Energy Co., Ltd., which holds a 200MW wind power project in Zhengxiangbaiqi, and Kangping Xinyang New Energy Co., Ltd. The interests subscribed by the partners amount to RMB1,000,000, RMB1,337,000,000, and RMB335,000,000, and are expected to be paid by 31 December 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xinte Energy Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251218-11960557), on December 18, 2025, and is solely responsible for the information contained therein.
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