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Ningxia Jiaze Renewables Investing 509 Million Yuan for Industrial Park Project
Ningxia Jiaze Renewables Corporation (601619.SH): A subsidiary plans to invest in the construction of an industrial park project.
Gelonghui, December 13 - Ningxia Jiaze Renewables Corporation (601619.SH) announced that to meet the needs of the company's production operations and Global Strategy development, the company's wholly-owned subsidiary Dunhua Zeyuan New Energy Technology Co., Ltd. (referred to as 'Dunhua Zeyuan') plans to raise funds through self-financing and financing from Financial Institutions, to invest in the construction of the Dunhua Zeyuan New Energy Technology Co., Ltd. zero-carbon new energy equipment manufacturing park (Phase 1) project. The total planned investment for the above industrial park project is 508.48 million yuan, and the company will invest funds in stages according to the progress of the project.
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