On January 5, 2017, it was announced that the company and its wholly-owned subsidiaries Jining Easter New Energy Co.
, Ltd.
(hereinafter referred to as "Jining Easter") and Dezhou Huaming Electronics Co.
, Ltd.
(hereinafter referred to as "Dezhou Huaming") jointly invested in the establishment of Shandong Easter New Energy Technology Co.
, Ltd.
, mainly to carry out photovoltaic new energy business
。 The registered capital of the joint venture is proposed to be RMB 100 million, of which the company subscribed and contributed RMB 35 million with its own funds, accounting for 35% of the equity, the company's wholly-owned subsidiary Jining Yishite subscribed and contributed RMB 45 million, accounting for 45% of the equity, and Dezhou Huaming subscribed and contributed RMB 20 million, accounting for 20% of the equity
.
On January 5, 2017, it was announced that the company and its wholly-owned subsidiaries Jining Easter New Energy Co.
, Ltd.
(hereinafter referred to as "Jining Easter") and Dezhou Huaming Electronics Co.
, Ltd.
(hereinafter referred to as "Dezhou Huaming") jointly invested in the establishment of Shandong Easter New Energy Technology Co.
, Ltd.
, mainly to carry out photovoltaic new energy business
。 The registered capital of the joint venture is proposed to be RMB 100 million, of which the company subscribed and contributed RMB 35 million with its own funds, accounting for 35% of the equity, the company's wholly-owned subsidiary Jining Yishite subscribed and contributed RMB 45 million, accounting for 45% of the equity, and Dezhou Huaming subscribed and contributed RMB 20 million, accounting for 20% of the equity
.