Recently, Harbin Electric Corporation and Hunan Xingxiang Asset Management Co., Ltd. have paid in all the newly added registered capital of 700 million RMB to Harbin Electric Wind Energy. Up to now, the registered capital of Harbin Electric Wind Energy has increased to 4.267 billion RMB.
Harbin Electric Wind Energy was reorganized and established by Harbin Electric Corporation and Hunan Xingxiang Investment Holding Group Co., Ltd. with 50% equity respectively. Before the capital increase, the registered capital was 3.567 billion RMB, and the wind power business segment was headquartered in Changsha.
Source: Harbin Electric Corporation
Edited and translated: Following The Wind