Raise 11.8 billion! CGN's Capital Increase Leads to the Layout of Photovoltaic and Other New Energy Projects

2025-08-11 18:04:25

Digital New Energy DataBM. Com learned that on August 8, China-Guangzhou Nuclear (Inner Mongolia) New Energy Investment Co., Ltd. completed the contract of capital increase and war introduction through the Beijiao Stock Exchange, raising about 11.8 billion yuan, which will be used in the latter part of the development of wind power, photovoltaic, energy storage and other clean energy projects in Inner Mongolia.

Digital New Energy DataBM. Com learned that on August 8, China-Guangzhou Nuclear (Inner Mongolia) New Energy Investment Co., Ltd. Later, it will be used to develop clean energy projects such as wind power, photovoltaic and energy storage in Inner Mongolia.

It is understood that CGN has successfully introduced six strategic investment institutions, including ICBC Investment, Agricultural Bank Investment, Jianxin Investment, Rural Industry Investment Fund of Central Enterprises, Bank of Communications Investment and Industrial Finance Transport Fund .

It is worth noting that CGN's capital increase is the largest equity financing project of provincial energy central enterprises in the past five years. It is also the largest single strategic investment project in the field of new energy in Inner Mongolia in recent years .

It is understood that Inner Mongolia is one of the earliest areas for CGN to carry out new energy business. By the end of 2024, the installed capacity of new energy in the Inner Mongolia region of CGN has reached 7.8GW , achieving full coverage of projects in 12 leagues and cities in Inner Mongolia Autonomous Region .

In addition, Zhang Zhiwu, secretary and chairman of the Party Committee of China-Guangzhou Nuclear Wind Power Co., Ltd., said that as of August 8, 2025, the total installed capacity of new energy in China-Guangzhou Nuclear Power Co., Ltd. had exceeded 58 GW . It is expected to break through 70GW by the end of this year and successfully achieve the goal of "doubling" in three years from 2022 to 2025 .

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Digital New Energy DataBM. Com learned that on August 8, China-Guangzhou Nuclear (Inner Mongolia) New Energy Investment Co., Ltd. completed the contract of capital increase and war introduction through the Beijiao Stock Exchange, raising about 11.8 billion yuan, which will be used in the latter part of the development of wind power, photovoltaic, energy storage and other clean energy projects in Inner Mongolia.

2025-08-11 18:04:25

On August 11, Conch Cement announced that Li Qunfeng resigned as general manager of the company and continued to serve as executive director of the company and director of some subsidiaries of the company. At the same time, the Board unanimously agreed to appoint Mr. Yu Shui as the general manager of the Company.