Datang International Power Generation (601991.SH) announced late Tuesday that its controlling shareholder Datang Corporation mulled to delay the injection of its thermal power assets in Hebei province into Datang International Power till October of 2018.
The delay decision was made as Datang International Power's coal chemical business integration had not yet been completed, the company said in a filing with the Shanghai Stock Exchange. Datang Corporation earlier promised no-later-than-October of 2015 injection of the Group's Hebei thermal power assets into Datang International Power when the assets' profitability improves as well as other conditions meet.
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