CHINA CBM (08270) Finalizes Divestment of 100% Stake in Shanxi Qinshui Shuntai Energy Development

Stock News

Feb 04

CHINA CBM (08270) has announced the completion of the sale of its 100% equity interest in the target company, Shanxi Qinshui Shuntai Energy Development Co., Ltd., which was its direct wholly-owned subsidiary, to the buyer, Shanxi Shenggang Energy Co., Ltd., for a total consideration of RMB 24.6093 million. The new business license for the target company has been issued by the market supervision authorities in China, and the transaction was formally completed on February 3, 2026, in accordance with the terms stipulated in the agreement. Consequently, the company no longer holds any interest in the target entity.

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The new business license for the target company has been issued by the market supervision authorities in China, and the transaction was formally completed on February 3, 2026, in accordance with the terms stipulated in the agreement. 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