Gelonghui, April 7 | Jiuzhou Group (300040.SZ) announced that Jiuzhou Energy is a wholly-owned subsidiary of the company, mainly engaged in investment in electricity and utilities, power production, power technology development, investment in the high-tech sector and related technical consulting, undertaking (underwriting and testing) power facilities, construction projects, and general contracting of power plant projects. In order to promote the development of the company's new energy power generation business and deepen cooperation between central state-owned enterprises and achieve steady growth in business scale, Jiuzhou Energy and Huadian New Energy Group Co., Ltd. plan to jointly increase the capital of Huadian Harbin Bayan New Energy Co., Ltd., with a total capital increase of 100 million yuan. Jiuzhou Energy will increase the capital by 49 million yuan according to 49%. The capital increase will be used to build the Heilongjiang Huadian Harbin Bayan Phase II 100MW wind power project.
九洲集团(300040.SZ)：子公司拟增资华电哈尔滨巴彦新能源有限公司
Jiuzhou Group (300040.SZ): Subsidiary to increase capital of Huadian Harbin Bayan New Energy Co., Ltd.
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