China Power International Development Ltd. has provided a supplemental announcement concerning its proposed asset restructuring. The company, along with Xiangtou International, has agreed to transfer a 63% and 37% equity interest respectively in Wu Ling Power to Yuanda Environmental. The total consideration for the transaction is RMB24,667,342,000, which Yuanda Environmental will settle through Consideration Shares and cash. The supplemental agreements introduced do not materially amend the terms of the existing agreements. Yuanda Environmental has also published an announcement regarding these developments, available on the Shanghai Stock Exchange website.
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