On November 20, according to the official website of Love Enterprise Check, Heilongjiang New Energy Group Co., Ltd. was established with legal representative Liu Tie and registered capital of 1 billion yuan. Its main business scope includes power generation business, power transmission business, power supply (distribution) business; installation, maintenance and testing of power transmission, power supply and power receiving facilities; construction projects, etc.
On August 22, China Yizhong announced that the company jointly established Heilongjiang New Energy Development Platform Company with Harbin Electric Group Jiamusi Electric Machinery Co., Ltd., Heilongjiang Chenneng Clean Energy Co., Ltd., Shanghai Electric New Energy Development Co., Ltd., and Beijing Tianrun New Energy Investment Co., Ltd.
Among them, the equity structure of the new company is as follows: China Yizhong holds 40% of the shares and contributes 400 million yuan; Jiadian holds 25% of the shares and contributes 250 million yuan; Chenneng Energy holds 15% of the shares and contributes 150 million yuan; Electric New Energy holds 10% of the shares and contributes 100 million yuan; Tianrun Xinneng holds 10% of the shares and contributes 100 million yuan.