Yankuang Energy Group Acquires 100% Stake in High-End Support
Yankuang Energy Group Co. Ltd. has acquired a 100% stake in High-End Support from Shandong Energy Group Heavy Equipment Manufacturing Co., Ltd. High-End Support faced losses due to project construction and leasing fees. The acquisition was originally valued at RMB300 million. This news was published by Yankuang Energy Group via the Hong Kong Stock Exchange on November 27, 2025.
Donghua Heavy Industry, a wholly-owned subsidiary of Yankuang Energy Group Co. Ltd., has entered into an agreement to acquire 100% equity interest in High-End Support from Shandong Energy Group Heavy Equipment Manufacturing (Group) Co., Ltd. The original acquisition cost of High-End Support by Shandong Energy Equipment was approximately RMB300 million. According to the company, High-End Support incurred a loss during the period due to project construction expenses and factory leasing fees for the fourth quarter. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yankuang Energy Group Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251127-11930728), on November 27, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
