Jilin Electric Power Co., Ltd. announced on the evening of December 11 that the company intends to take its four wholly-owned subsidiaries as the main body. Acquisition of minority interests in six new energy project companies (hereinafter referred to as "Target Companies") held by BOCOM Financial Asset Investment Co., Ltd. (Hereinafter referred to as "BOCOM Investment") and BOC Financial Asset Investment Co., Ltd. (Hereinafter referred to as "BOC Investment").
Among them, Beijing Jineng New Energy Technology Co., Ltd. acquired 33.08% of the shares of Jidian Dingzhou New Energy Technology Co., Ltd. held by Jiaobin Investment, with a transaction consideration of 0.45 billion yuan; Anhui Jidian New Energy Co., Ltd. acquired 32.65% equity of Jidian (Chuzhou) Zhangguang Wind Power Co., Ltd. held by Bank of Communications Investment, with a transaction consideration of 230 million yuan; Shaanxi Jidian Energy Co., Ltd. acquired 33.10% equity of Qinghai Zhongdian Investment Jidian New Energy Co., Ltd., 32.88% equity of Shaanxi Dingbian Solar Energy Power Generation Co., Ltd. and 28.27% equity of Shaanxi Dingbian Clean Energy Power Generation Co., Ltd. held by Jiaobin Investment, with transaction considerations of 80 million yuan, 08.5 billion yuan and 160 million yuan respectively; Jilin Jidian Green Energy Development Co., Ltd. acquired 28.34% equity and 19.40% equity of Jilin Zhongdian Investment New Energy Co., Ltd. held by Bank of Communications Investment and Bank of China Investment respectively, with transaction considerations of 520 million yuan and 356 million yuan respectively. The total consideration of the above
equity acquisition transactions is 1.476 billion yuan, all of which are paid in cash.
It is understood that the main business of Jilin Electric Power Co., Ltd. involves thermal power, heating, new energy and integrated intelligent energy, biomass energy, hydrogen energy, energy storage, power station services and other fields. In recent years, Jilin Electric Power Co., Ltd. has continuously increased its investment in the field of new energy, and the proportion of new energy installed capacity has continued to expand.