--- title: "ZMEE plans to acquire 100% equity of Nan Taihu Technology for 1.457 billion yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/248768059.md" description: "ZMEE plans to acquire 100% equity of Nan Taihu Technology for 1.457 billion yuan, aiming to enhance its market share in the combined heat and power sector and consolidate its industry-leading position. This equity transfer will promote the development and transformation of the company's energy industry segment, optimize the industrial structure, strengthen core competitiveness, and lay the foundation for sustainable high-quality development" datetime: "2025-07-16T10:22:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/248768059.md) - [en](https://longbridge.com/en/news/248768059.md) - [zh-HK](https://longbridge.com/zh-HK/news/248768059.md) --- # ZMEE plans to acquire 100% equity of Nan Taihu Technology for 1.457 billion yuan According to the Zhitong Finance APP, ZMEE (603071.SH) announced that the company plans to use self-raised funds of 1.457 billion yuan to acquire 100% equity of Huzhou South Taihu Power Technology Co., Ltd. (referred to as "South Taihu Technology") held by Xinwang Energy. South Taihu Technology is a mature enterprise in the field of cogeneration in Zhejiang Province. The acquisition of 100% equity of the target company reflects the company's optimism about the cogeneration industry and the development prospects of the target company, aiming to enhance the company's market share in the cogeneration field and further consolidate its industry-leading position in the energy sector. Upon completion of this equity transfer, it will further promote the development and transformation of the company's energy sector business, optimize the company's industrial structure, consolidate market competitive advantages, improve company efficiency, and enhance the company's core competitiveness, laying a solid foundation for the company's sustainable high-quality development ### Related Stocks - [603071.CN](https://longbridge.com/en/quote/603071.CN.md) ## Related News & Research - [Vietnam does not have a policy of creating excess capacity, PM tells U.S. trade rep](https://longbridge.com/en/news/287006909.md) - [Wind and solar surpass gas in global power milestone](https://longbridge.com/en/news/287269790.md) - [BUZZ-STREET VIEW-India's Samvardhana Motherson seen revving up non-auto growth engines](https://longbridge.com/en/news/287154855.md) - [ROI-Texas cuts gas use as ERCOT clean power momentum keeps growing: Maguire](https://longbridge.com/en/news/287164492.md) - [Energo-Pro upgrades 280 MW hydropower plant in Turkey with PV park](https://longbridge.com/en/news/287108366.md)