Datang International Power Generation Co (HK:0991) has released an update.
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Datang International Power Generation Co., Ltd. has announced provisions for asset impairment for several affiliated enterprises, totaling approximately RMB 224 million for halted thermal power projects, RMB 197 million for adjustments in an offshore wind power project, and RMB 158 million for an emergency boiler project that will not continue. Additionally, provisions were made for impairments of idle fixed assets and uncollectible receivables, reflecting the company’s adherence to accounting standards and financial transparency.
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