[Taiwan Cogeneration Corporation] The company's board of directors resolved to acquire 100% equity of Xingbao Electric Power Co., Ltd. for group organizational restructuring
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Taiwan Cogeneration Corporation announced that its board of directors resolved to acquire 100% of Xingbao Electric Power Co., Ltd. shares from its wholly-owned subsidiary, Xingneng Co., Ltd. This acquisition, valued at NT$545.7 million, aims to streamline the group's investment structure and enhance operational management efficiency.