DeHeng Assisted GEPIC Energy Development (000791) in Implementing Major Asset Restructuring Project

2024-12-27

On December 25, 2024, GEPIC Energy Development Co., Ltd. (stock code: 000791) released the Implementation Report on the Private Placement of Shares and Payment of Cash for Asset Acquisition and Fundraising and the Listing Announcement of New Shares. The restructuring project has completed the transfer of RMB 7.6 billion in target assets and raised RMB 1.9 billion in supporting funds.

This restructuring will enable the company to form a diversified power structure consisting of wind, solar, hydro, and thermal energy, supporting its development strategy of becoming a “comprehensive energy and power listed company.”

As the legal advisor for this restructuring project, the DeHeng team, led by Zhao Wentong, partner at the Lanzhou Office, with primary support from Lu Gaoxing, Sun Ming, Wang Xiaowei, and Zhao Ziyu, provided full-process legal services.