Ge Long Hui·2025-11-14 13:56Core Viewpoint - Longyuan Power (00916.HK) has signed investment agreements to establish three new subsidiaries in collaboration with State Power Investment Corporation Jiangsu Electric Power and other parties, with a total investment of RMB 153 million [1] Group 1: Investment Details - The total investment for the new subsidiaries, Rudong Longyuan, Yancheng Dafeng Longyuan, and Shuyang Longyuan, amounts to RMB 153 million [1] - The funding for this investment will come from the company's own resources, ensuring no adverse impact on the company's financials or operations [1] Group 2: Strategic Objectives - The establishment of these subsidiaries aligns with the company's operational development needs and aims to leverage local resource advantages from State Power Jiangsu Electric Power and other stakeholders [1] - The collaboration is intended to enhance the company's expertise in offshore wind power, facilitating the joint development, construction, and operation of several offshore wind projects in Jiangsu [1] Group 3: Future Impact - The newly established subsidiaries are currently in the planning stage and are not expected to have a significant short-term impact on the company's operations [1] - In the long term, these subsidiaries are anticipated to positively influence the company's operational development [1]