Hengyi Group established a thermal power company in Turpan.

According to the QiChaCha app, recently, Hengyi Thermal Power Co., Ltd. was established with Ni Defeng as the legal representative and a registered capital of 200 million yuan. Its business scope includes heat production and supply; power generation technical services; research and development of key technologies for waste heat power generation; power generation, power transmission, power supply, etc. According to QiChaCha's equity penetration, the company is indirectly wholly owned by Zhejiang Hengyi Group Co., Ltd.