Xiyang Jinzhai Wind Power Co., Ltd. announced that it expects to receive CNY 17 million in funding from Zhejiang Windey Co., Ltd.
October 15, 2019
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Xiyang Jinzhai Wind Power Co., Ltd. announced a private placement of common shares for gross proceeds of CNY 17,000,000 on October 16, 2019. The transaction will involve participation from Zhejiang Windey Co., Ltd. (SZSE:300772). The transaction has been approved by the 25th meeting of the third directorate of the investor and does not require approval of its shareholders.
Windey Energy Technology Group Co Ltd, formerly Zhejiang Windey Co Ltd, is a China-based company mainly engaged in the research and development, production and sales of wind turbines. The Company is also engaged in the investment and operation of new energy power stations. At the same time, the Company cultivates smart service businesses and expands energy storage, new energy engineering project contracting (EPC) services, grid-connected products and services, new energy digital products, and comprehensive energy. services and other diversified businesses. The Company's products mainly include onshore and offshore wind turbines, new energy power station power generation, smart services, energy storage, new energy project EPC and others.
WINDEY ENERGY TECHNOLOGY GROUP CO., LTD. 
