China Sky Kam (000035.SZ) plans to sell assets of the Mudanjiang project for 580 million yuan.

date
02/12/2025
Zhijing Finance and Economics APP News, China Tianying (000035.SZ) announced that, in order to meet the economic planning of local governments and the requirements for the management of public utility infrastructure, the company's wholly-owned subsidiary, Mudanjiang Tianying Environmental Protection Energy Co., Ltd. (hereinafter referred to as "Mudanjiang Tianying"), will sell the Mudanjiang Municipal Solid Waste Incineration Power Generation Project (hereinafter referred to as the "Mudanjiang Project") and related operating assets (including machinery and equipment, buildings, land use rights, inventory, and other operating assets) to the Mudanjiang Comprehensive Administrative Law Enforcement Management Bureau (hereinafter referred to as the "Mudanjiang Comprehensive Management Bureau") for a total consideration including taxes of RMB 580 million.