East Fujian Electric Power proposed 185 million yuan increase subsidiary

East Fujian Electric Power (000993) December 1 night Notice said, the Board agreed to increase its own capital of Dong Sheng Company capital of 185 million yuan, of which 20 million yuan to increase the registered capital, 165 million yuan into the capital reserves. Dong Sheng Company is set up by Fujian electric Power investment, mainly involved in local real estate development market.　　Now the company developed a real estate project supporting insufficient funds, so the company to increase its capital. The company also announced that the Board agreed to the holding subsidiary Aerospace Fujian Arrow New Energy investment company to acquire Yingkou Wind power company 58.7437 million shares, accounting for the company's total number of shares 86.13%; The total price will not be higher than 73.4297 million yuan. The company said the acquisition was aimed at expanding the company's power installed capacity and expanding its new energy business with wind power as its main source.