Huadian International and others have established a power generation company in Yantai with a registered capital of 1.1 billion.

According to the QCC APP, recently, Huahong Power Generation Co., Ltd. was established, with Li Chunxiao as the legal representative and a registered capital of approximately 1.1 billion yuan. Its business scope includes power generation, power transmission, power supply, heat production and supply, and electrical equipment repair. QCC's equity penetration shows that the company is jointly owned by Huahong Shandong Power Generation Co., Ltd. under Huahong International and Yantai Energy Investment Development Group Co., Ltd.