Heilongjiang Transport Development Completes 46-Million-Yuan Acquisition of Xinke New Energy
MT Newswires Live
Dec 27, 2024
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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