Xintian Green Energy (00956.HK) plans to acquire Chongli and Zhangbei wind energy companies in full to expand its scale and improve managerial efficiency.

Zhixin Finance APP News, Xintian Green Energy (00956.HK) announced that its wholly-owned subsidiary Hebei Construction Investment New Energy Co., Ltd. (hereinafter referred to as "Construction Investment New Energy") intends to participate in the acquisition of a 49% stake held by minority shareholders of Chongli Construction Investment Huashi Wind Power Co., Ltd. (hereinafter referred to as "Chongli Wind Power Company") and Zhangbei Construction Investment Huashi Wind Power Co., Ltd. (hereinafter referred to as "Zhangbei Wind Power Company", together with "Chongli Wind Power Company") through public auction delisting. If the delisting is successful, the company will hold 100% equity in the two target companies, Chongli Wind Power Company and Zhangbei Wind Power Company will become wholly-owned subsidiaries of the company and be included in the company's consolidated financial statements.