China Longyuan Power Group Corporation (00916) plans to invest 153 million yuan to establish three subsidiary companies.

China Longyuan Power Group Corporation (00916) announced that on November 14, 2025, the company and its wholly-owned subsidiary Xiong Ya Company signed investment agreements with China Energy Jiangsu Power and other transaction parties to jointly invest in the establishment of Rudong Longyuan, Yancheng Dafeng Longyuan, and Sheyang Longyuan. The company and its subsidiary Xiong Ya Company will collectively invest a total of 153 million RMB in this transaction. After the completion of this transaction, Rudong Longyuan, Yancheng Dafeng Longyuan, and Sheyang Longyuan will become subsidiaries of the company.