Huadian Energy (600726) July 14 announcement, the company will invest 389.4 million yuan to buy Heilongjiang sub-electricity Xin Bao Thermoelectric Co., Ltd. 100% equity. Xinya Xin Bao was established in May 6, 1998, is in the original Hulan Ergi Thermal Power Plant Company restructuring based on the formation of joint-stock enterprises, is the Hulan Ergi region's largest central heating enterprises, the promoter of Singapore Asia Electric Investment Co., Ltd. and Qiqihar Xin Bao Thermoelectric Co., Ltd. Huadian Energy said that the acquisition of Qiqihar Xin Bao is conducive to seize the heat supply Qiqihar market and promote the company to seize the southwest new cogeneration project work, and then realize the company in Qiqihar region power generation Resources integration strategy layout. Huadian Energy released on the same day, the performance of the forecast, due to further increases in coal prices, key contract coal delivery rate is not enough and the unit utilization hour year-on-year decline, the company expects 2010.5 annual results will be loss, attributable to the owner of the parent company's net profit of about 148 million yuan. The company's net profit for the same period last year was 173.75 million yuan.
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