Datang Power Secures New Three-Year Service Agreement

Datang International Power Generation Co (HK:0991) has released an update.

Datang International Power Generation Co has entered into a new three-year agreement with its controlling shareholder, CDC, to secure essential products and services, including coal and infrastructure materials, starting from January 2025. This agreement aims to reduce operating risks and costs while enhancing efficiency, and involves transactions that require regulatory compliance due to their size. The company has engaged an independent financial adviser to ensure transparency and fairness in the deal.

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