Core Viewpoint - Yunnan Energy Investment Co., Ltd. has approved a capital increase for its wholly-owned subsidiary, Anning Yuneng Investment Energy Storage Technology Co., Ltd., to support the funding needs of a 350MW compressed air energy storage demonstration project in Kunming Anning [1] Group 1: Company Actions - The board of directors of Yunnan Energy Investment approved the capital increase with 9 votes in favor, 0 against, and 0 abstentions [1] - The company will inject a total of RMB 372 million into the energy storage subsidiary, which will be allocated in phases according to project progress [1] - Following the capital increase, the registered capital of the energy storage company will rise from RMB 1 million to RMB 373 million [1] Group 2: Financial Overview - As of the announcement, Yunnan Energy Investment has a market capitalization of RMB 11.3 billion [1]
云南能投:对全资子公司安宁云能投储能科技有限公司增资