China Yangtze Power Co.,Ltd. (SHSE:600900) entered into an agreement to acquire 23% stake in Yunnan Huadian Jinsha River Hydropower Development Co.,Ltd. from Datang Yunnan Power Generation Company for CNY 4.9 billion on December 30, 2019. 1st installment of 50% of the price is payable on the same day when the agreement enters into force. Another installment for 50% of the price is payable within 10 days since signing of the agreement. For the year ended December 2018, Yunnan Huadian Jinsha River Hydropower Development Co.,Ltd. reported total assets of CNY 28.9 billion, total debt of CNY 21.31 billion, owner's equity of CNY 7.6 billion, operating revenue of CNY 2.69 billion and net profit of CNY 80 million. China Yangtze Power Co.,Ltd. (SHSE:600900) cancelled the acquisition of 23% stake in Yunnan Huadian Jinsha River Hydropower Development Co.,Ltd. from Datang Yunnan Power Generation Company on December 31, 2020.