On September 2, Yunnan Energy (hereinafter referred to as the "Company") issued an announcement on the acquisition of 100% equity and related transactions of Shilin Yundian Investment New Energy Development Co., Ltd. (Hereinafter referred to as "Shilin Yundian Investment New Energy").
In the announcement, Yunnan Nengtou said that on August 30, the company paid the remaining 60% of the equity transfer price to Yunnan Nengtou New Energy Development Co., Ltd. with a 11004 of 384000 yuan, and completed the acquisition of 100% equity and related transactions of Shilin Yundian New Energy.
Yunnan Energy Investment said that the acquisition will help to further consolidate the company's new energy business development layout, further enhance the company's photovoltaic business development foundation, help to expand and strengthen the company's new energy business, and enhance the company's profitability. On June 6,
2023, Yunnan Nengtou announced that on June 5, the board of directors passed a bill on the acquisition of 100% equity and related transactions of Shilin Yundian New Energy Development Co., Ltd. and that the company acquired Shilin Yundian New Energy with a cash 18340 of 64000 yuan, making it a wholly-owned subsidiary of the company.
On June 20, the company announced that it had completed the acquisition evaluation filing. However, the acquisition items need to be submitted to the third provisional shareholders'meeting of the company in 2023 for consideration and approval before they can be implemented. The next day, the company's third provisional shareholders'meeting considered and approved the acquisition bill.
On June 13, Shilin Yundian Investment New Energy Phase I Photovoltaic Project obtained the Real Property Certificate, which met the relevant transaction conditions stipulated in the share transfer agreement. On July 3, Yunnan Energy first paid 40% of the equity transfer price to Yunnan Energy Investment New Energy Development Co., Ltd., that is, 73.36256 million yuan.
On July 14, Shilin Yundian Investment New Energy completed the registration procedures for industrial and commercial changes, completed the registration of the transfer of the underlying equity, and completed the transfer of assets and management changes. Shilin Yundian Investment New Energy Development Co., Ltd. became a wholly-owned subsidiary of the company. According to
the data, Shixin Company was established in October 2008 by Yunnan Electric Power Investment New Energy Development Co., Ltd., Shangde Energy Engineering Co., Ltd., Shanghai Zhenglong Science and Technology Investment Co., Ltd., Zhonghaiyang (Beijing) New Energy Power Engineering Co., Ltd., and Kunming Green Power Technology Co., Ltd. with registered capital of 500 million yuan. Its business project is photovoltaic power station. Since September 2009, it has experienced five equity transfers (excluding this one) and changes.
According to the announcement, from January to August 2023, Shilin Yundian Investment New Energy Development Co., Ltd. realized business income of 54.5772 million yuan, total profit of 12.6347 million yuan, net profit of 12.093606.36 yuan and net operating cash flow of 6.7609 million yuan.