China Power International Development Ltd. Announces Acquisition of 31% Stake in Dazhou Energy

Reuters
Sep 12
<a href="https://laohu8.com/S/CPWIF">China Power International Development Ltd.</a> Announces Acquisition of 31% Stake in Dazhou Energy

China Power International Development Limited has announced the acquisition of a 31% equity interest in Dazhou Energy. On September 12, 2025, the company, along with Yanchang Petroleum Mining, Sichuan Company, and Dazhou Energy, entered into an Equity Transfer Agreement. Under this agreement, China Power International Development Ltd. will acquire the equity interest from Sichuan Company. The transaction marks a strategic move by China Power to expand its presence in the energy sector. The valuation of Dazhou Energy was determined as of November 30, 2024, according to a Valuation Report prepared by an Independent Valuer.

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