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Jilin Province Chuncheng Heating Announces Revised Asset Acquisition Agreement

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Jilin Province Chuncheng Heating Announces Revised Asset Acquisition Agreement

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The latest update is out from Jilin Province Chuncheng Heating Company Limited Class H ( (HK:1853) ).

Jilin Province Chuncheng Heating Company Limited has announced a second supplemental agreement with Changre Group regarding the acquisition of heat production assets. The agreement involves amendments to the scope of assets and the consideration payable, with the revised consideration set at RMB113,930,021.65. This move is expected to streamline the company’s asset acquisition process and potentially improve its operational efficiency in the heating sector.

More about Jilin Province Chuncheng Heating Company Limited Class H

Jilin Province Chuncheng Heating Company Limited is a joint stock limited liability company incorporated in the People’s Republic of China. It operates in the heating industry, focusing on the production and distribution of heat. The company is involved in acquiring assets to enhance its heat production capabilities.

Average Trading Volume: 36,666

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$746.7M

See more insights into 1853 stock on TipRanks’ Stock Analysis page.

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