Recently, Wanhua (Binzhou Zhanhua) New Energy Co., Ltd. was established, with a registered capital of Yuan 400 million. Its business scope includes power generation, transmission, and distribution services; wind power technology services; solar power technology services; and photovoltaic power generation equipment leasing, among others. According to equity penetration data, the company is wholly owned by Wanhua Chemical (Yantai) Battery Industry Co., Ltd., a subsidiary of Wanhua Chemical Group.
Edited by Cassie Li, lixiangying@mysteel.com