Zhejiang Youneng Enterprise Management Co., Ltd. and Tongxiang Chuangteng Enterprise Management Partnership Enterprise (L.P.) cancelled the acquisition of 24.21% stake in Shanghai Huitong Energy Co.,Ltd from Tibet Dejin Business Management Co., Ltd. and Zhengzhou Tongtai Wanhe Enterprise Management Center (Limited Partnership).
October 26, 2022
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Zhejiang Youneng Enterprise Management Co., Ltd. and Tongxiang Chuangteng Enterprise Management Partnership Enterprise (L.P.) agreed to acquire 24.21% stake in Shanghai Huitong Energy Co.,Ltd (SHSE:600605) from Tibet Dejin Business Management Co., Ltd. and Zhengzhou Tongtai Wanhe Enterprise Management Center (Limited Partnership) for approximately CNY 590 million on September 23, 2022. As per the transaction, Zhejiang Youneng Enterprise Management Co., Ltd. will acquire 19.19% stake from Tibet Dejin Business Management Co., Ltd. and Tongxiang Chuangteng Enterprise Management Partnership Enterprise (L.P.) will acquire 5.02% stake from Zhengzhou Tongtai Wanhe Enterprise Management Center (Limited Partnership).
Zhejiang Youneng Enterprise Management Co., Ltd. and Tongxiang Chuangteng Enterprise Management Partnership Enterprise (L.P.) cancelled the acquisition of 24.21% stake in Shanghai Huitong Energy Co.,Ltd (SHSE:600605) from Tibet Dejin Business Management Co., Ltd. and Zhengzhou Tongtai Wanhe Enterprise Management Center (Limited Partnership) on October 27, 2022.
SHANGHAI HUITONG ENERGY CO., LTD is a China based company principally engaged in trading business. The Company operates its business through three segments. The Wind Power segment is mainly engaged in project development, construction and operation business. The Trading segment is mainly engaged in the domestic copper wholesale trading business. The Real Estate segment is mainly engaged in the relocation, design, decoration, renting and operation as well as provides property management services for the company's own office buildings, warehouses and workshops. The Company mainly operates its business in Shanghai City.
Zhejiang Youneng Enterprise Management Co., Ltd. and Tongxiang Chuangteng Enterprise Management Partnership Enterprise (L.P.) cancelled the acquisition of 24.21% stake in Shanghai Huitong Energy Co.,Ltd from Tibet Dejin Business Management Co., Ltd. and Zhengzhou Tongtai Wanhe Enterprise Management Center (Limited Partnership).
SHANGHAI HUITONG ENERGY CO.,LTD 
