Jilin Province Chuncheng Heating Announces Update on Major Asset Acquisition

Reuters

Oct 21, 2025

Jilin Province Chuncheng Heating Announces Update on Major Asset Acquisition

Jilin Province Chuncheng Heating Co. Ltd. announced an update on its major asset transaction involving the acquisition of certain heat production assets from Changre Group. The assets include pipes, trenches, machinery, equipment, and a vehicle. The acquisition of land parcels was terminated due to delivery issues, but the company was granted the right to use the land during the relevant period. The company will pay RMB48,850,355.65 for the assets acquired, excluding the land.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Jilin Province Chuncheng Heating Co. Ltd. published the original content used to generate this news brief on October 21, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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