GDG's subsidiary plans to participate in the auction for a 50% stake in China Electric Power Construction (Fumin) Pumped Storage Development Co., Ltd
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Guangzhou Development's wholly-owned subsidiary, Guangzhou Development Power Group Co., Ltd., plans to participate in the bidding for a 50% stake in China Electric Power Construction (Fumin) Pumped Storage Development Co., Ltd., with a transfer base price of 53.2284 million yuan. This move aims to support national strategies, promote the "dual carbon" goals, and facilitate the company's industrial transformation and upgrading as well as collaborative development
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