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

Reuters
22 May
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.

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