Core Insights - Recently, Huate (Xixian) New Energy Technology Co., Ltd. underwent a change in shareholding, with Shanxi Huaxiang Group Co., Ltd. exiting as a shareholder and TBEA Xinjiang New Energy Co., Ltd. becoming the sole shareholder [1][7] - Xixian New Energy was established in November 2023 and is located in Xixian County, Shanxi Province, focusing on wind power system research and development, construction machinery manufacturing, cement products manufacturing, non-residential real estate leasing, and machinery equipment leasing [1][7] Shareholding Changes - Following the shareholding change, TBEA Xinjiang New Energy's shareholding increased from 90% to 100%, with the investment amount rising from 315 million yuan to 350 million yuan [3][8] - The registered capital of Xixian New Energy remains at 35 million yuan, with TBEA Xinjiang New Energy contributing 35 million yuan as the sole investor [2][3] Management Changes - The legal representative of Xixian New Energy changed from Li Yongle to Chang Chunxi, with several senior management personnel adjustments, including the addition of Huang Xingsheng, Chang Chunxi, and Ying Zhanfeng to the board [4][9] - Former board members Zhang Hongzhong, Li Yongle, Wang Zhigang, Chen Qi, Zhang Jie, and Liao Zhou exited the company [4][9] Company Background - TBEA Xinjiang New Energy, established in August 2000, is primarily owned by New Special Energy Co., Ltd., which holds 99.49% of the shares, while China Energy Conservation and Environmental Protection Group holds 0.51% [4][9] - TBEA, founded in 1993 and listed on the Shanghai Stock Exchange in 1997, is recognized as a major energy equipment manufacturing group in China and has been ranked first in the "Top 100 Chinese Electrical Industry" list for 2025 [4][10] Notable Individuals - Zhang Xin, the chairman of TBEA, is also recognized as the richest person in Changji Prefecture, Xinjiang, with a net worth of 8.5 billion yuan, ranking 847th on the 2025 Hurun Rich List [10][12] - Zhang Hongzhong, who previously served as the chairman of Xixian New Energy, is the son of Zhang Xin and currently holds a managerial position in TBEA Xinjiang New Energy [12][13]
“90后”少帅卸任董事长!新疆昌吉首富张新掌舵山西隰县这家新能源公司