Beiqing Huanneng (000803): Qingyu Xinneng Plans To Invest In Baixin Environmental Protection And Beijing Chenai

Beiqing Huanneng (000803. SZ) announced that recently, Qingyu Xinneng signed the investment agreement on Wuhan Shifang new energy Co., Ltd. with the company's wholly-owned subsidiary Beikong Shifang (Shandong) Environmental Protection Energy Group Co., Ltd. ("Beikong Shifang"). Qingyu Xinneng plans to increase its equity to Wuhan Shifang new energy Co., Ltd., a wholly-owned subsidiary of the company, After the completion of the capital increase, Yu Xinneng of Qing Dynasty will hold 99.99% of the equity of Wuhan Shifang, and the tenth Party of Beikong will hold 0.01% of the equity of Wuhan Shifang.

On December 28, 2021, Wuhan Shifang, Wuhan Baixin Holding Group Co., Ltd. and he Dongping, a natural person, signed the equity transfer agreement on Wuhan Baixin environmental protection and Energy Technology Co., Ltd. in Lixia District of Jinan City; On December 31, 2021, Yu Xinneng of Qing Dynasty and ten parties of Beikong signed the equity transfer agreement of Beijing chenai bioenergy Technology Co., Ltd. with natural persons Baolin and lanhong in Tongzhou District of Beijing.

Wuhan Shifang purchased Wuhan Baixin Holding Group Co., Ltd. and he Dongping, a natural person, with RMB 90 million, holding 100% of the equity of Baixin environmental protection.

Qingyu Xinneng and Beikong ten parties jointly plan to acquire 100% equity of Beijing chenai jointly held by natural person Baolin and lanhong. The total purchase amount is tentatively set at RMB 241.84 million. Among them, Qingyu Xinneng plans to acquire 99.996% equity of Beijing chenai jointly held by Baolin and lanhong, and 10 parties of Beikong intend to acquire 0.004% equity of Beijing chenai held by lanhong.

Datong chenai and Gansu chenai, which are controlled by Baixin environmental protection and Beijing chenai, are franchised enterprises for harmless treatment of kitchen waste. The above-mentioned foreign investment of Qingyu Xinneng is in line with its investment direction, which is conducive to strengthening the investment layout of the company's kitchen treatment business and in line with the company's overall strategy.