Datang International Power Generation Co (HK:0991) has released an update.
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Datang International Power Generation Co. announced a robust financial strategy for 2025, planning to raise up to RMB80 billion through equity and debt financing. The company also approved provisions for asset impairment, a merger between its subsidiaries, and a capital increase for Xinyu Second Power Company. Additionally, a significant investment in the Zhejiang Taizhou coal power project was sanctioned.
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