Ningbo Energy plans to invest CNY 58.5 million to establish a joint venture company, Yongneng Technology
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Ningbo Energy announced that it will jointly invest with Ningbo Shenju, Hailiang Capital, and Shanghai Jize to establish a joint venture company, Yongneng Technology, with a registered capital of 150 million yuan, of which Ningbo Energy will contribute 58.5 million yuan. The company will be responsible for the construction and operation of a 300,000 tons/year oil shale fluidized coking shale oil industrial demonstration project in Beipiao City
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