BEIJING: Zhuhai Port has announced that it has brought in three new strategic investors for subsidiary Zhuhai Gangsheng New Energy Company.
The three companies Zhuhai Lingxian Hi-tech Industry Investment Management, Shenzhen CDF Capital and Beijing Huicheng Huanyu Investment will jointly invest up to RMB89.8m ($14.1m) into the subsidiary.
Zhuhai Gangsheng New Energy Company was established in July this year after the integration of Zhuhai Port’s windpower assets.
Zhuhai Port said the company will accelerate its business diversification through more mergers and acquisitions this year and it has applied to list Gangsheng New Energy on National Equities Exchange and Quotations (NEEQ).
