TGWC: Plans to absorb and merge its wholly-owned subsidiary UNITEDENERGY GP

Zhitong
2025.09.10 08:02

On September 10th, TGWC announced that the company plans to absorb and merge its wholly-owned subsidiary Chongqing Changdian United Energy Co., Ltd. After the absorption and merger are completed, the legal status of United Energy will be canceled in accordance with the law, and all its assets, debts, and business will be legally inherited by the company. This matter has been approved by the 32nd meeting of the 10th Board of Directors of the company and will be submitted to the shareholders' meeting for review. United Energy is a wholly-owned subsidiary of the company, and its financial statements have been included in the company's consolidated financial statements. This absorption and merger will not have a substantial impact on the company's financial condition and operating results

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