B · Normal
[Three Gorges Water Conservancy: Plans to publicly list and transfer 100% equity of Wuling Manganese Industry and related assets] On September 29th, Three Gorges Water Conservancy (600116.SH) announced that Wujiang Industrial, a wholly-owned subsidiary of the company, plans to publicly list and transfer its 100% stake in Guizhou Wuling Manganese Industry, and Wujiang Electric Power plans to simultaneously publicly list and transfer the assets related to the Youcaigou Manganese Slag Depository. The two targets are pre-transaction conditions for each other and will be bundled for transfer. The corresponding assessed value of 100% equity of Wuling Manganese Industry is 665 million yuan, and the corresponding assessed value of the assets related to the Youcaigou manganese slag warehouse is 185 million yuan (excluding value-added tax). This transaction still needs to be submitted to the company's shareholders' meeting for review.
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