Ningbo Energy (600982.SH) establishes a wholly-owned subsidiary to carry out the demonstration project of near zero carbon emissions in the port area of Panjin Port in Liaoning.

Zhtng Cijng APPNews, Ningbo Energy (600982.SH) announced that its wholly-owned subsidiary Ningbo Langchen New Energy Co., Ltd. (hereinafter referred to as "Langchen New Energy") has made an investment to establish a wholly-owned subsidiary, Panjin Langchen. This new company will carry out a demonstration project for near-zero carbon emissions at the Panjin Port in Liaoning, with a registered capital of 24 million yuan.