Core Viewpoint - The company, Chendian International (600969), announced a joint venture with Kafue Gorge Investment Ltd to establish a company focused on solar energy investment in Zambia, indicating a strategic move towards renewable energy projects [1] Group 1: Joint Venture Details - Chendian International's subsidiary, Hunan Chendian International Hydropower Investment Co., Ltd. (referred to as "Chendian Water Investment"), will hold 87% of the joint venture [1] - The registered capital for the joint venture is set at 43.4253 million RMB (approximately 6.0905 million USD) [1] Group 2: Project Investment - The joint venture plans to invest approximately 43.4253 million RMB (around 6.0905 million USD) in the construction and management of the Namalundu Solar Park 10MW photovoltaic power generation project located in the Chikankata area of Southern Province, Zambia [1]
郴电国际:控股子公司拟投资设立合资公司 建设光伏发电项目