Haixia Electric Power Generation Co., Ltd. announced that it expects to receive CNY 1.353 billion in funding from Fujian Funeng Co., Ltd., Yangtze Three Gorges Group Fujian Energy Investment Co., Ltd.
Haixia Electric Power Generation Co., Ltd. announced that it will raise CNY 1.353 billion in a round of funding on August 6, 2025. The transaction will include participation from returning investors, Fujian Funeng Co., Ltd. for CNY 473.55 million and Yangtze Three Gorges Group Fujian Energy Investment Co., Ltd. for CNY 879.45 million. The transaction has been approved by board of the company.
Fujian Funeng Co Ltd is a China-based company mainly engaged in the production and sale of electricity and heat. The Company's power generation business mainly includes wind power generation, natural gas power generation, cogeneration, coal-fired pure condensing power generation and photovoltaic power generation, and others. The Company is also engaged in the production and sale of industrial textiles such as woven fabrics and needle-punched and spunlace nonwoven fabrics. The Company mainly operates its businesses in the domestic market.
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Haixia Electric Power Generation Co., Ltd. announced that it expects to receive CNY 1.353 billion in funding from Fujian Funeng Co., Ltd., Yangtze Three Gorges Group Fujian Energy Investment Co., Ltd.