Shenwan Energy Company Limited announced that it will receive CNY 5,398.0028 million in equity round of funding on October 15, 2021. The transaction will include participation from existing investors An Hui Wenergy Company Limited will invest CNY 2,645.0214 million to retain its 49% stake and Beijing Guodian Power Co., Ltd. will invest CNY 2,752.9814 million for 51% stake in the company. Upon closing, the registered capital of the company will increase from CNY 5,732.4975 million to CNY 11,130.5003 million.

The transaction has been approved in the sixth meeting of the tenth board of directors of the investors.