Huadian Heavy Industries announced that the company and the controlling shareholder Science and Engineering Group intend to jointly invest in the establishment of Guangdong Huadian Marine Energy Technology Co., Ltd. (tentative name, based on the name finally approved by the market supervision and administration department, hereinafter referred to as “Guangdong Huadian Marine Technology”) and Huadian (Yangjiang) Offshore Wind Power Operation and Maintenance Co., Ltd. (provisional name, subject to the name finally approved by the market supervision and management department, hereinafter referred to as “Huadian (Yangjiang) Offshore Wind Operation and Maintenance”). Guangdong Huadian Marine Technology has a registered capital of 30,000 yuan, of which the company invested 21 million yuan, with a share ratio of 70%; Kegong Group invested 90 million yuan, with a share ratio of 30%; Huadian (Yangjiang) Haifeng Operation and Maintenance registered capital of 10,000 yuan, of which the company invested 70 million yuan, with a share ratio of 70%; Kegong Group invested 30 million yuan, with a share ratio of 30%.