Haixia Electric Power Generation Co., Ltd. announced that it expects to receive CNY 921.78 million 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 921.78 million in an equity funding on May 13, 2024. The transaction will included participation from returning investors, Fujian Funeng Co., Ltd. will invest CNY 322.623 million and Yangtze Three Gorges Group Fujian Energy Investment Co., Ltd. will invest CNY 599.157 million. The transaction has been approved at the 26th interim meeting of the 10th board of directors.
Fujian Funeng Co Ltd a China-based company engaged in the production and sales of electric power and heat. The Company operates two major reporting segments: The Power segment and The Textile segment. The Company's operating generating units are mainly clean energy power generation such as wind, natural gas, solar energy, and high-efficiency energy-saving cogeneration units. The Company also provides textile products, including woven fabrics, spunlace nonwovens and needle punched nonwovens. The Company mainly operates its businesses in Fujian Province, China.
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Haixia Electric Power Generation Co., Ltd. announced that it expects to receive CNY 921.78 million in funding from Fujian Funeng Co., Ltd., Yangtze Three Gorges Group Fujian Energy Investment Co., Ltd.
