Huadian New Energy Sets Up Zaozhuang Power Firm with RMB 10 Million Capital
Huadian New Energy has invested to establish a new energy power generation company. The company, named Huadian (Zaozhuang Yicheng District) New Energy Power Generation Co. , Ltd. , has Zhao Bin as its legal representative and a registered capital of RMB 10 million. Its business scope encompasses power generation, power transmission, power supply and distribution, energy storage technology services, manufacturing of photovoltaic equipment and components, as well as power generation technical services. The company is wholly owned by Huadian New Energy.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is positive for Wind & Solar Power, with intensity 30/100 and 60% confidence over a short term horizon.
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