May 16, 2022 10:20 PM (GMT+8) · EqualOcean
According to the announcement of Yuancheng Co., Ltd., the company established a wholly-owned subsidiary Zhejiang Yuancheng new energy industry Co., Ltd. with its own capital, with a registered capital of 50 million yuan. Business scope includes research and development of emerging energy technologies; Energy storage technology services; Solar power generation technology services; Manufacturing of photovoltaic equipment and components; Sales of photovoltaic equipment and components; Wind power technology services; Research and development of wind farm related systems, etc. At present, the company has no new energy related business, no relevant technical reserves, no relevant resources and professional team. This foreign investment is only a newly established wholly-owned subsidiary of the company.

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