Minimum price of 7.25 million yuan, a company under Shandong Energy Group is transferring the equity of a photovoltaic power generation company.

The official website of Shandong Property Rights Trading Center shows that recently, 100% of the equity of Linyi Hangu Photovoltaic Power Co., Ltd. was transferred at a base price of 7.2577 million yuan, with the transferor being Shandong Geological Mining New Energy Co., Ltd. Linyi Hangu Photovoltaic Power Co., Ltd. was established in April 2016, with a registered address in Linyi High-tech Zone and a registered capital of 20 million yuan. It is wholly owned by Shandong Geological Mining New Energy Co., Ltd., mainly engaged in the design, development, procurement, complete sets, installation, commissioning of solar power generation systems, as well as the construction, operation, power generation, and sale of solar power system projects.