Hongfuhan acquires 73.99% controlling stake in COP Digital Energy for DRC solar-storage project
Shenzhen-listed Hongfuhan (301086.SZ) announced on September 23 that its wholly-owned subsidiary Hongfuhan Hong Kong will acquire a 73.99% controlling stake in COP Digital Energy S.A.R.L through a two-step transaction. The deal involves purchasing 100% of Gepai BVI for 20.5 million yuan and injecting 520 million yuan into it, plus acquiring 49% of ECOSOLEIL S.A.S for 19.5 million yuan. The acquisition secures revenue rights under a Power Purchase Agreement with Komica Company, locking in $0.15/KWh electricity price. Hongfuhan will use COP to build a source-grid-load-storage integrated photovoltaic power station with energy storage in the Komica mining area of the Democratic Republic of Congo.
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Hongfuhan to acquire 73.99% stake in COP company via subsidiary in two-step deal
Hongfuhan (301086.SZ) announced that its wholly-owned subsidiary Hongfuhan Hong Kong plans to acquire 73.99% of COP Digital Energy S.A.R.L (COP company) through two transactions. First, Hongfuhan Hong Kong will acquire 100% of Gepai BVI from Gepai Holdings for 20.5 million yuan and then inject 520 million yuan into Gepai BVI, thereby holding 49% of COP company via Gepai BVI. Second, Hongfuhan Hong Kong will acquire 49% of ECOSOLEIL S.A.S from natural person Huang Xuanhong for 19.5 million yuan, which holds 24.99% of COP company. The acquisition aims to secure the revenue from a Power Purchase Agreement (PPA) between COP company and Kemika Company, locking in an electricity price of $0.15/KWh after the power station is built. The deal is part of Hongfuhan's photovoltaic and energy storage strategy to meet the stable power demand of the Kemika mining area and deepen strategic customer relationships.
Read sourceHongfuhan subsidiary to acquire overseas firms and invest in COP Digital Energy
On September 23, 2026, Shenzhen-listed Hongfuhan (SZ 301086, closing price 174.95 yuan) announced that its board of directors approved a plan for its wholly-owned subsidiary, Hong Kong Hongfuhan Technology Co., Ltd., to acquire 100% equity of Gepai Holding Co., Ltd (Gepai BVI) from GREATPOWER HOLDING CO., LIMITED for 20.5 million yuan, and then inject 520 million yuan into Gepai BVI to indirectly hold 49% of COP Digital Energy S.A.R.L (COP Company). Separately, Hong Kong Hongfuhan will acquire 49% of ECOSOLEIL S.A.S from individual shareholder Huang Hongxuan for 19.5 million yuan, through which it will hold an additional 24.99% of COP Company. The combined transactions will give Hongfuhan a 73.99% controlling stake in COP Digital Energy S.A.R.L. The announcement was reported by National Business Daily.
Read sourceHongfuhan to acquire 73.99% stake in COP, invest in solar-storage project in Komica mine
Shenzhen Hongfuhan Precision Technology Co., Ltd. (301086.SZ) announced on September 23 that it plans to acquire a 73.99% stake in COP Company through its wholly-owned subsidiary Hongfuhan Hong Kong. The acquisition involves purchasing 100% of Gepai BVI from Gepai Holding for RMB 40 million, thereby obtaining Gepai BVI's 49% stake in COP, and acquiring 49% of ECOSOLEIL S.A.S from natural person Huang Hongxuan, which holds 24.99% of COP. Hongfuhan Hong Kong will also inject RMB 520 million into Gepai BVI for the construction of the Komica Mine Source-Grid-Load-Storage Integrated Power Station project in the Komica mining area. The project, which includes a photovoltaic power station with an energy storage system, aims to form a 'source-grid-load-storage' integrated energy system. The company states this will strengthen its overseas project experience in the solar-storage field and create a replicable overseas power station operation model, supporting further expansion into overseas markets and solar-storage power generation business.
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Hongfuhan to Acquire 73.99% Stake in COP Company for Overseas Solar Storage Projects
Shenzhen Hongfuhan Technology Co., Ltd. (301086.SZ) announced on September 23 that it plans to acquire a 73.99% stake in COP Company through its wholly-owned subsidiary Hongfuhan Hong Kong. The acquisition involves purchasing 100% of Gepai BVI from Gepai Holdings for RMB 40 million, thereby obtaining Gepai BVI's 49% stake in COP, and acquiring 49% of ECOSOLEIL S.A.S from natural person Huang Hongxuan, which holds a 24.99% stake in COP. Additionally, Hongfuhan Hong Kong will inject RMB 520 million into Gepai BVI to fund the construction of the Komika Mining's source-grid-load-storage integrated power station project in the Democratic Republic of Congo. The project includes a photovoltaic power station with an energy storage system, forming a 'source-grid-load-storage' integrated energy system. The company states that this move aims to expand its overseas photovoltaic storage business, accumulate project experience, and create a replicable overseas power station operation model, following its initial 200MW solar storage project launched in September 2025.
Read sourceHongfuhan Subsidiaries to Acquire 73.99% Stake in COP Company
On September 23, Hongfuhan Technology Co., Ltd. announced plans to acquire a 73.99% stake in COP Digital Energy S.A.R.L through its subsidiaries. The company will pay 20.5 million yuan to acquire 100% of Gepai BVI from Gepai Holdings, and then inject 520 million yuan into Gepai BVI to indirectly hold 49% of COP. Separately, Hong Kong Hongfuhan will pay 19.5 million yuan to acquire 49% of ECOSOLEIL S.A.S from individual shareholder Huang Hongxuan, thereby obtaining an additional 24.99% stake in COP. The total transaction will make COP a controlled subsidiary of Hongfuhan, consolidating its financial results. The report also notes that in mid-2026, Hongfuhan achieved revenue of 589 million yuan and net profit attributable to parent of 73.1 million yuan. The information is sourced from Caizhongshe.
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