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Inner Mongolia Huadian: Intends to purchase 60% equity of Zhenglanqi Wind Power and 75.51% equity of Northern Duolun. Stock trading halted
Jinshi data, as of February 10, announced that Inner Mongolia Huadian is planning to purchase 60% equity of North Shangdu Zhenglanqi New Energy Co., Ltd. and 75.51% equity of North Duolun New Energy Co., Ltd. held by North United Power Ltd. through a combination of issuance of shares and payment of cash, and intends to raise matching funds through the issuance of shares. The company’s stock will be suspended from trading from the opening of the market on February 11, 2025, with an expected suspension period of not more than 10 trading days.