40% shares of new energy technology companies listed

Guo Dian South since (600268) announced that the company intends to transfer a wholly-owned subsidiary in the Beijing Property exchange of Nanjing Power South Rehabilitation Energy Technology Co., Ltd. 40% Equity, the aim is to introduce strategic partners, to expand the company's High-voltage inverter products in the power industry outside the market space.　　According to the new energy technology 75 million yuan registered capital, as well as new energy technology in the next decade, the sum of revenue discount is estimated at about 150 million yuan, the new energy technology is expected to price 2 yuan per share, the proposed transfer of new energy technology 30 million shares (40% equity) calculation, listing prices of 60 million yuan.　　In addition, the company and Huadian project in the expansion of domestic and foreign power transmission engineering business cooperation, the joint investment in the establishment of "Nanjing Huadian South Power Transmission Engineering Co., Ltd.", put into the corresponding human, material, technical and market resources, vigorously develop domestic and foreign power transmission and transformation engineering business. Huadian South since the registered capital of 10 million yuan, the company intends to invest 6.5 million yuan in cash, the shareholding ratio of 65%, Huadian Project to cash capital of 3.5 million yuan, the shareholding ratio of 35%.　　Huadian South from the operating range is mainly transmission and transformation projects. The announcement said that the investment set up Nanjing Huadian South Power Transmission Engineering Co., Ltd., conducive to the company to expand its business, improve the company's product market share, improve the company's international engineering business revenue share, improve the company's core competitiveness and profitability, so as to achieve rapid development of the company.