Huadian Power International (HK:1071) has released an update.
Huadian Power International has announced plans to establish a limited partnership involving subsidiaries and issue RMB asset-backed notes worth up to RMB3.2 billion. The partnership and asset-backed notes are part of a strategy to securitize infrastructure assets, such as the Jiangling Project. These connected transactions, involving substantial capital contributions, reflect the company’s efforts to optimize financial structures and attract investment.
For further insights into HK:1071 stock, check out TipRanks’ Stock Analysis page.
