China Power New Energy establishes a new energy company, including power supply business.

The "QiChaCha" APP shows that recently, Baishui County Qingquan New Energy Co., Ltd. was established, with Ni Jun as the legal representative and a registered capital of 10 million RMB. Its business scope includes power generation, power transmission, power supply, and power supply services. Shareholding information on "QiChaCha" shows that the company is fully owned by Huadian Xineng.