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The transfer was approved by Shenhua Xinjiang Energy Co., Ltd. The transferor requires that the transferee intends to be a domestically registered enterprise legal person. The total assets of the enterprise shall be no less than 400 million yuan and the net assets shall not be less than 200 million yuan. It also requested the intended transferee to provide proof of deposit in a single account of no less than RMB 100 million as of January 31, 2011.
Shenhua Group wants to transfer the entire new energy home
It was learned from the Beijing Equity Exchange that Urumqi Xineng Real Estate Investment Co., Ltd. is in the process of being listed and transferred as a whole and the base price for listing is RMB 77.76 million.