China Power International Development Ltd. Provides Update on Proposed Asset Restructuring Transaction

Reuters
09 Jun
<a href="https://laohu8.com/S/CPWIF">China Power International Development Ltd.</a> Provides Update on Proposed Asset Restructuring Transaction

China Power International Development Ltd. has issued a supplemental announcement regarding its Proposed Asset Restructuring. The update includes the publication of illustrative pro-forma financial statements for the Target Companies, which were released by Yuanda Environmental. These financial statements provide a snapshot of the companies' financial status as of December 31, 2024, assuming the Proposed Asset Pre-Restructuring has been completed. Notably, Changzhou Hydropower and Wu Ling Power reported illustrative profits before and after taxation, highlighting significant financial figures. The announcement aims to provide updated financial information related to the ongoing asset restructuring process.

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