Muye Corporation and other investors set up a new energy company, including power generation business.

According to the Enterprise Check APP, recently, Henan Zhongyu Gelin Cattle and Sheep New Energy Co., Ltd. was established with Wei Xuewen as the legal representative and a registered capital of 30 million yuan. Its business scope includes wind power generation technology services, solar power generation technology services, energy storage technology services, power generation, power transmission, power supply, etc. Equity penetration of Enterprise Check shows that the company is jointly held by Henan Zhongyu Gelin New Energy Co., Ltd. and Henan Muyuan New Energy Industrial Development Co., Ltd. under Muyuan Group.