Jinko Power Technology (SHA:601778) set up a task force to discuss the completion of subsidiary Jinko Power Spain's sale of its stakes in four project companies to China Huadian Hong Kong for 175 million euros, according to a Wednesday filing with the Shanghai bourse.
The project companies, Universal Reward, We Are So Good, The Main Speed and Good2Follow, hold a 175-megawatt solar power project in Antequera, Spain.
The sale awaits completion due to pending pre-closing matters such as performance testing of the project.