Three Gorges Water Conservancy: Plans to pre-list for the transfer of Guizhou Wuling Mining’s controlling equity and related debts

2026-04-05 12:13:48

Everyday Economic News AI Express, on April 2, China Three Gorges Water Conservancy announced that one of its wholly owned subsidiaries, Wuyang Industrial, plans to publicly pre-list for transfer through the Chongqing United Property Rights Exchange the controlling stake and related claims of its controlling subsidiary, Guizhou Wuling Mining Co., Ltd. (hereinafter referred to as “Wuling Mining”). This pre-listing is only for advance information disclosure and to solicit potential transferees; it does not constitute a transaction. As of now, the identity of the counterparty, the price, and other key details cannot yet be determined. By the end of 2025, Wuling Mining’s net profit was -39.0239 million yuan. Given that the appraisal work is still ongoing, the impact of this matter on the company’s financial condition for this year cannot yet be determined. The matter has been reviewed and approved by the board of directors.

Daily Economic News

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