Heilongjiang Transport Development Completes 46-Million-Yuan Acquisition of Xinke New Energy

MT Newswires Live

2024/12/27

Heilongjiang Transport Development (SHA:601188) completed the full acquisition of Xinke New Energy for 46.0 million yuan.

The acquisition was conducted through the highway toll operator's subsidiary, Longyuan Investment, according to a Thursday filing with the Shanghai bourse.

Xinke New Energy is involved in power generation, transmission, and distribution services.

Shares of Heilongjiang Transport Development closed 3% higher Friday.

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