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Beiqing Huanneng (000803): Plans To Acquire Equity Of Shandong Fangfu
Beiqing Huanneng (000803) announced on the evening of May 24 that the company's wholly-owned subsidiary, Shifang Huanneng, plans to purchase 99.99% equity of Shandong fangfu held by Qingyu Xinneng for 186 million yuan. Shandong fangfu holds 100% equity of two kitchen waste treatment project companies in Heze Tonghua and Shanxian Tonghua. After the completion of the transaction, it will effectively enhance the scale of the company's food waste treatment business, and enhance the company's position and influence in the food waste treatment industry.
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