CHUNCHENG HEAT has completed the acquisition of several heating production assets from its controlling shareholder group
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CHUNCHENG HEAT announced that it has completed the relevant agreements for the acquisition of certain heating production assets from its controlling shareholder group. All prerequisites have been met, and Target Asset One (excluding the target land) will be transferred to the company on October 31, 2025. From that date, the relevant rights, interests, and responsibilities will be transferred from Changre Group to the company. In addition, all prerequisites for Asset Transfer Agreements Two and Three have also been met, and the relevant acquisition matters will be completed on the same day
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