1.6 billion of the proposed acquisition of desulfurization assets by Kowloon Electric Power is down more than 8% today

NetEase Financial December 28 Jiulong Power Night announcement, the company intends to 9.17 yuan/share directed additional 185 million shares. Raised 1.64 billion yuan for the acquisition of the CLP under the enterprise owned Pingdingshan Luyang power generation 2X1000MW unit, such as 9 desulfurization assets projects and the above projects in the follow-up investment.　　Among them, the amount of investment in the acquisition of desulfurization assets of 1.4 billion yuan, the acquisition of assets in 4 of the construction projects in the follow-up investment of 204 million yuan. The announcement said that through this private issue, not only can quickly enhance the capacity of the Kowloon Electric Power Environmental Protection business scale and sustainable development capabilities, but also as the China Electric Investment Group Environmental Protection industry Development platform, and actively participate in the CLP Investment group in the relevant industry expansion, relying on the overall resource advantages of China Investment Group, in environmental protection projects, environmental protection asset acquisition　　Franchise and capital operation, etc. At present, the Kowloon Electric Power Environmental protection business sales revenue and power generation business income has been basically flat, the company's performance has formed a strong support. The issue of shares raised funds for the acquisition of China Power Investment Group under the company's high-quality environmental protection assets, to carry out the Desulfurization franchise business, can make the company more prominent environmental protection business, competitive ability, but also can effectively enhance the company in the environmental protection industry status and influence, for the company's follow-up focus on the development　　To achieve strategic transformation to create conditions. Kowloon Electric Power plunged 9.37% per cent yesterday, continuing its downtrend today, falling more than 8%.