CGN Shengsi Secures RMB651 Million Equipment Purchase Contract with Shanghai Electric Wind Power

Reuters

05-22

CGN Shengsi Secures RMB651 Million Equipment Purchase Contract with Shanghai Electric Wind Power

CGN Shengsi, a subsidiary of CGN New Energy Holdings Co. Ltd., is primarily engaged in the development, construction, operation, and maintenance of renewable energy projects in the PRC. The company focuses on wind power, photovoltaic power, and wave power generation, along with providing technical consultation and services for these projects. Recently, CGN Shengsi entered into an Equipment Purchase Contract with Shanghai Electric Wind Power to acquire wind turbine generators and related equipment for RMB651,420,000. This strategic acquisition aims to enhance its capabilities in renewable energy generation. CGN Shengsi is 97.1473%-owned by CGN New Energy Holdings Co. Ltd.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CGN New Energy Holdings Co. Ltd. published the original content used to generate this news brief on May 22, 2025, and is solely responsible for the information contained therein.

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