Zhangzhou Development establishes a new energy company in Xinjiang, including biomass energy technology business.

According to the Inquiry App, recently, Zhangfa New Energy Co., Ltd. was established with a registered capital of 10 million yuan. Its business scope includes: sales of electrical equipment; energy management services; research and development of efficient energy-saving technologies in the power industry; biomass energy technology services, etc. The equity penetration shown in the Inquiry App indicates that the company is fully owned by Zhangzhou Development.