Guizhou Energy Asset Management Company increased its capital to about 2.29 billion, an increase of approximately 128%.

Tianyan Check App shows that recently, Guizhou Energy Asset Management Co., Ltd. underwent a change in its business registration, with the addition of Guizhou Wujiang Energy Investment Co., Ltd. as a shareholder. The registered capital increased from approximately 1.01 billion RMB to about 2.29 billion RMB, an increase of about 128%. Wang Shuang resigned as the legal representative, and Fei Yougui took over, while several other executives also underwent changes. Guizhou Energy Asset Management Co., Ltd. was established in December 2015, with business scope including venture capital investment, asset management services for proprietary funds, and financing consulting services. Shareholder information shows that the company is now jointly owned by Guizhou Energy Group Co., Ltd. and the newly added shareholder mentioned above.