Baili Electric Intends To Invest 50 Million Yuan Portfolio Company
Bailey electric On Tuesday night, it announced that the company intends to jointly set up the Tianjin Baili Sifang Smart Grid Technology Co., Ltd. with the Sifang Huaneng Power Grid Control System Co., Ltd. company Invest 50 million yuan, accounting for the company. register Capital 50%.
The announcement shows that the four party Huaneng invested 4900 yuan, accounting for 49% of the registered capital of the joint venture company. Zhang Chentang invested 1 million yuan in his own capital, accounting for 1% of the registered capital of the joint venture company.
Among them, the Sifang Huaneng is funded by combining proprietary technology and monetary capital.
According to the assessment, the research and development expenditure of the "substation automation system related technology, dispatching automation system related technology and smart grid related technology" owned by the four party Huaneng is 27701464.36 yuan, and the assessment value is 45 million 290 thousand yuan.
Sifang Huaneng invested a total of 49 million yuan, accounting for 49% of the new company's registered capital, of which 45 million 290 thousand yuan was invested by know-how and the remaining 3 million 710 thousand yuan was supplemented by monetary funds.
Baili Electric said that this external investment is conducive to improving the smart grid's key technology level. Through the integration of technology, resources, capital and market advantages among partners, it will complement each other and rapidly develop smart grid equipment (system) that is urgently needed to build smart grid, seize market opportunities and develop rapidly.
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