Xingyuan Environment(SZ:300266) Zheng Quan Shi Bao Wang·2024-10-23 01:43Core Viewpoint - Xingyuan Environment has entered into a long-term cooperation agreement with Beijing Pangwo Technology and Qingdao Huachang Jinghe New Energy Technology to develop and invest in renewable energy projects [1] Group 1: Partnership and Collaboration - The three companies will establish an investment platform company to facilitate collaboration in renewable energy projects [1] - A framework cooperation agreement has been signed to leverage each company's strengths in promoting the development, investment, construction, and smart operation of renewable energy projects [1] Group 2: Investment and Funding - The initial investment fund will be set at 50 million yuan (approximately 7.5 million USD) to support renewable energy initiatives [1] - The focus areas for investment include East China, South China, Central China, and the Sichuan-Chongqing region, targeting solar power, wind power, energy storage, and virtual power plants [1]