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Qilu Expressway Forms Joint Venture to Invest in Wind Power Tower Project
QILU EXPRESSWAY (01576.HK) plans to establish a joint venture to invest in the wind power mixed tower industry base project.
On January 9th, Gloonghui announced that QILU EXPRESSWAY (01576.HK) entered into a capital contribution agreement with Zhengchen Technology on January 9, 2025. According to this agreement, the subscribed capital contribution at the establishment of the joint venture company will be 0.1 billion RMB, of which the company and Zhengchen Technology plan to contribute 51 million RMB and 49 million RMB in MMF, respectively. The joint venture company will invest in the symbol project. The group intends to invest in the symbol project through the joint venture company, and the overview of the symbol project is as follows: The wind-solar mixed tower is a structure that supports the wind turbine on the Tower, providing stronger support and a more stable structure.
Express News | Qilu Expressway - Jv Company Shall Invest in a Wind Power Hybrid Tower Industrial Base Project
Express News | Qilu Expressway - Establishment of Jv Co With Committed Capital Contribution of RMB100 Mln
Qilu Expressway Unveils Board Structure and Leadership Roles
QILU EXPRESSWAY (01576.HK) intends to appoint Gao Yongjun as a non-executive Director.
On December 20, Glonghui announced that Ma Xianghui resigned as a non-executive director and a member of the Board of Directors' Global Strategy Committee due to work adjustments, effective from December 20, 2024. Based on the nomination by the Board of Directors' Nomination Committee and the Board's review, the Board of Directors recommends appointing Gao Yongjun as a non-executive director, effective from the date of approval by the company's Shareholders' Meeting until the term of the current Board of Directors expires.
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