Datang International Approves Major Growth Plans

Datang International Power Generation Co (HK:0991) has released an update.

Datang International Power Generation Co., Ltd. has successfully conducted a board meeting resulting in unanimous approval for major expansions and acquisitions. The company will engage in preliminary planning for a new electricity transmission project from Inner Mongolia to Jiangsu, invest RMB 8.216 billion in expanding the Jiangxi Fuzhou Power Plant, and acquire a 95% equity interest in Datang Solar Energy Industry (Yingde) Co., Ltd. for RMB 98 million, while ensuring all connected transactions comply with listing rules.

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