Wholly owned group subsidiary Zhaolian Lvyi has agreed to set up a partnership with China Zheyin Synergy Capital Management to invest in companies that are building solar, wind, hydropower and biomass projects.They will also seek investments in energy-efficiency technologies and mobile power charging stations.
They will start with an initial investment of 601 million yuan ($86.9 million), with financial services provider China Zheyin to contribute just 1 million yuan of the total, according to a statement to the Hong Kong stock exchange.
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