Shaoneng Co., Ltd.: Plans to establish a wholly-owned subsidiary in Lechang City with a registered capital of 1 billion yuan

Shaoneng Co., Ltd. announced that in order to focus on its main energy business and implement the power source business in the integrated source-grid-load-storage electricity system of the Shaoguan data center cluster, its wholly-owned subsidiary Guangdong Shaoneng Smart Electricity Integration Investment Co., Ltd. plans to invest in establishing a wholly-owned subsidiary in Lechang City, Shaoguan. The registered capital of the new company will be 1 billion yuan. This external investment has been approved by the 36th temporary meeting of the 11th board of directors and needs to be submitted for shareholder meeting approval.

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