Gelonghui October 30?Power production Finance (000958.SZ) announced that according to the positioning of "first-class green energy industry and finance enterprise", in order to further promote the enterprise's scientific and technological innovation and the combination of industry and finance, the company intends to participate in the expansion of the investment country electricity investment science and technology innovation equity fund (Tianjin) partnership (limited partnership) (referred to as the State electricity Investment Science and Technology Fund).
The National Power Investment Science and Technology Fund, managed by the State Power Investment Group Industry Fund Management Co., Ltd. (referred to as the State Power Investment Industry Fund Company), focuses on scientific and technological innovation investment in the energy field. The total size of the National Power Investment Science and Technology Fund is 5 billion yuan, a total of 5 periods, each period of 1 billion yuan, the operating period of 10 years from November 3, 2020, of which the first 6 years is the investment period, and the remaining period is the withdrawal period. The National Investment Science and Innovation Fund plans to increase the subscription scale by 790 million yuan and 3.5925 billion yuan after the expansion.
The wholly-owned subsidiary of the company, State Power Investment Group Capital holding Co., Ltd. (referred to as Capital Holdings), plans to subscribe 60 million yuan as a limited partner. Other people who intend to participate in the expansion of the State Power Investment Science and Technology Fund are: the State Power Investment Group Inner Mongolia Energy Co., Ltd. intends to subscribe 100 million yuan as a limited partner. State Power Investment Group Northeast Power Co., Ltd., State Power Investment Group Jiangsu Power Co., Ltd., State Power Investment Group Chongqing Power Co., Ltd., State Power Investment Group Zhejiang New Energy Co., Ltd., and State Power Investment Group Beijing Power Co., Ltd. each plan to subscribe 50 million yuan as limited partners, while State Power Investment Group Yellow River Hydropower Development Co., Ltd. plans to subscribe 200 million yuan as limited partners. Yunnan International Power Investment Co., Ltd. of the State Power Investment Group plans to subscribe 150 million yuan as a limited partner, and Wuling Electric Power Co., Ltd. plans to subscribe 30 million yuan as a limited partner. The specific amount of capital subscription shall be subject to the final partnership agreement.