Ningbo Energy Group Co.,Ltd. (SHSE:600982) signed an agreement to acquire 90% stale in Funan Qiyao New Energy Co., Ltd. from CSIC (Shanghai) New Energy Co., Ltd. for approximately CNY 340 million on March 3, 2023. Ningbo Energy Group will acquire 90% stake in Funan Qiyao New Energy and related creditor?s rights for CNY 336.174664 million. Ningbo Energy Group has participated in the bidding process and recently received a notice from Shanghai United Assets and Equity Exchange that Ningbo Energy Group will be buyer for 90% stake in Funan Qiyao New Energy.
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- Ningbo Energy Group Co.,Ltd. signed an agreement to acquire 90% stale in Funan Qiyao New Energy Co., Ltd. from CSIC New Energy Co., Ltd. for approximately CNY 340 million.