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SH ELECTRIC (02727.HK) Sells Non-core Assets to Parent for RMB427M
SH ELECTRIC (02727.HK) announced its exit from major biomass power generation operation projects and agreed to transfer 100% equity interests in five project companies to its contr...
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SH ELECTRIC (02727.HK) Sells Non-core Assets to Parent for RMB427M
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SH ELECTRIC (02727.HK)  +0.150 (+3.529%)    Short selling $59.74M; Ratio 17.595%   announced its exit from major biomass power generation operation projects and agreed to transfer 100% equity interests in five project companies to its controlling shareholder, Electric Holding, including Wuhe Project, Tianchang Project, Mengcheng Project, Suixi Project and Xiangshui Project, for a total consideration of RMB427 million. The transaction is expected to increase the company's net profit by approximately RMB48.46 million. (de/d)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-15 16:25.)

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