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Nov 30, 2021 06:09 PM (GMT+8) · EqualOcean
Financial Associated Press, November 30 - according to the strategic goal of "one body and two wings" determined in the company's strategic development plan, Longjiang transportation announced that the company plans to increase the capital of its subsidiary Heilongjiang transportation Longyuan Investment Co., Ltd. ("Longyuan investment") by 20 million yuan, and take Longyuan investment as the main investor to participate in the round a financing of Guangdong Tianshu New Energy Technology Co., Ltd. ("Tianshu energy"). By taking a stake in Tianshu energy, the company will establish a strategic cooperative relationship with Tianshu energy, actively expand cooperative business, integrate new energy resources on this basis, and explore the development of the integration of transportation and new energy.