Lu Yin Investment announced that the company plans to establish a wholly-owned subsidiary, Luyin New Energy, with a cash investment of 260 million yuan, with a shareholding ratio of 100%. Meanwhile, Caiyangzi Salt Farm, a wholly-owned subsidiary of the company, will jointly fund the establishment of Power Investment New Energy with China Power Investment Shandong Energy. Caiyangzi Salt Farm will invest 85 million yuan and hold 34% of the shares. The investment aims to promote the development of W5 new energy projects and help expand the complex development path of the salt industry.

Zhitongcaijing · 10/16 10:57
Lu Yin Investment announced that the company plans to establish a wholly-owned subsidiary, Luyin New Energy, with a cash investment of 260 million yuan, with a shareholding ratio of 100%. Meanwhile, Caiyangzi Salt Farm, a wholly-owned subsidiary of the company, will jointly fund the establishment of Power Investment New Energy with China Power Investment Shandong Energy. Caiyangzi Salt Farm will invest 85 million yuan and hold 34% of the shares. The investment aims to promote the development of W5 new energy projects and help expand the complex development path of the salt industry.