China Structural Reform Fund II, managed by Chengtong Fund Management Co., Ltd., completed the acquisition of 14.6166%s stake in Wuxi Huaguang Environment & Energy Group Co.,Ltd. from Wuxi GuoLian Development Co.,Ltd.
March 24, 2024
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China Structural Reform Fund II, managed by Chengtong Fund Management Co., Ltd., agreed to acquire 14.6166%s stake in Wuxi Huaguang Environment & Energy Group Co.,Ltd. (SHSE:600475) from Wuxi GuoLian Development (Group) Co.,Ltd for CNY 1.15 billion on November 10, 2023. As per the transaction, China Structural Reform Fund II, managed by Chengtong Fund Management Co., Ltd. will acquire 137.9 million shares at CNY 8.35 per share.
China Structural Reform Fund II, managed by Chengtong Fund Management Co., Ltd., completed the acquisition of 14.6166%s stake in Wuxi Huaguang Environment & Energy Group Co.,Ltd. (SHSE:600475) from Wuxi GuoLian Development (Group) Co.,Ltd on March 25, 2024.
Wuxi Huaguang Environment & Energy Group Co Ltd, formerly Wuxi Huaguang Boiler Co Ltd, is a company that mainly provides energy environmental protection related equipment and services. The Company operates five segments. The Energy Efficient Power Generation and Environmental Protection Equipment Manufacturing segment is engaged in the design, production and installation of related equipment, including waste incineration boilers and biomass boilers. The Power Plant and Environmental Engineering and Services segment provides general contracting services for the thermal power plant project and photovoltaic power plant project. The Municipal Environmental Protection Engineering and Services segment involves solid waste disposal projects and services. The Local Thermal Power Operation Service segment provides electricity and heating. The Environmental Protection Operation Service segment invests and constructs solid waste disposal projects.
China Structural Reform Fund II, managed by Chengtong Fund Management Co., Ltd., completed the acquisition of 14.6166%s stake in Wuxi Huaguang Environment & Energy Group Co.,Ltd. from Wuxi GuoLian Development Co.,Ltd.
WUXI HUAGUANG ENVIRONMENT & ENERGY GROUP CO.,LTD. 
