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Jilin Province Chuncheng Heating Company Limited Class H ( (HK:1853) ) has shared an announcement.
Jilin Province Chuncheng Heating Company Limited has entered into a supplemental agreement with Changre Group to amend the terms of their asset acquisition deal. The revised agreement excludes certain non-essential assets, reducing the total consideration from RMB166,487,839.71 to RMB164,684,529.73. This adjustment reflects the appraised value of the revised asset scope, and the company plans to finance the acquisition using its internal resources. The changes are not expected to materially impact the benefits of the acquisition for the company.
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, operating in the heating industry. The company primarily focuses on heat production and distribution, serving various stakeholders in the region.
Average Trading Volume: 52,666
Technical Sentiment Signal: Buy
Current Market Cap: HK$667.4M
For a thorough assessment of 1853 stock, go to TipRanks’ Stock Analysis page.