NetEase Finance May 28 News Today Beijing can heat and electricity issued a notice, the company intends to buy the company's actual control of the Beijing-Beijing Jade Power Group Holdings Limited liability company 51% of the equity, funding sources for the company's non-public offerings to raise funds. The issuance programme has been approved by the company's third board of directors at its 32nd meeting. BEIJING-Yu Power plant is located in Shuozhou Youyu County, Shanxi Province, at present, the construction of two units 300,000-kilowatt domestic subcritical circulating fluidized bed air-cooled unit, the unit with coal gangue and washing coal as fuel, the use of direct air cooling, electrostatic bag dust, two-class desulfurization technology, put into operation to 220,000 KV voltage level access to Shanxi power grid. Beijing can heat and electricity, said the company intends to buy 79.8792 million yuan in cash by agreement to acquire Beijing-Tianjin Holdings of Beijing-Yu Power 51% Equity, the source of funds for the company's Non-public offering to raise capital, and according to the project construction progress, to collect funds to complete follow-up investment.
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