As one of the largest independent power producers in China, Datang Power is engaged in the development and operation of power plants, the sale of electricity and thermal power, and the repair and maintenance of power equipment and power-related technical services. Currently, the Company owns 4 operating power plants and manages 28 companies (projects). Total installed
capacity in operation amounted to 19,430 MW as at the end of 2006. more
The company is currently in the process of merging with a suitable USA and or a China based operating candidate in the similar industry as the issuer. The company will shortly begin updating Pink Sheets with Adequate Disclosure, Updated Financials and any relevant merger news. There is no reverse split planned for the company, nor any toxic financing planned. The company has made available sufficient funds and rresources available through its preferred shareholder, to be a vibrant and operational... more
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