Xinwanda Investment establishes an energy service company.

According to the Qichacha APP, recently, Shenzhen Xinwangda Energy Services Co., Ltd. was established, with Wang Wei as the legal representative and a registered capital of 50 million yuan. Its business scope includes investment activities with its own funds, power generation technical services, leasing of photovoltaic power generation equipment, wind power generation technical services, etc. The equity penetration displayed by Qichacha shows that the company is wholly owned by Xin Wangda.