Gelonghui, December 28, 丨 Datang Power Generation (00991.HK) announced that on December 28, 2023, the company signed a funding agreement with Datang Group, Guiguan Electric Power, Datang New Energy, Datang Environmental and Oriental Research Institute. According to this, Datang Group, the company, Guiguan Electric, Datang New Energy, Datang Environmental and Oriental Research Institute agreed to jointly establish Datang Science and Technology Innovation Company with cash funding.
The registered capital of Datang Science and Technology Innovation Company is RMB 1 billion, of which Datang Group invested RMB 510 million in cash, accounting for 51% of the registered capital of Datang Science and Technology Innovation; the company invested RMB 120 million in cash, accounting for 12% of the registered capital of Datang Science and Technology Innovation Company; Datang Renewable Energy invested RMB 100 million in cash, accounting for 10% of the registered capital of Datang Science and Technology Innovation; Datang Environment invested RMB 50 million in cash, accounting for 5% of the registered capital of Datang Science and Technology Innovation Company; Dongfang The research institute invested RMB 100 million in cash, accounting for 10% of the registered capital of Datang Science and Technology Innovation Company.
The implementation of the funding agreement and the company's participation in the Datang Science and Technology Innovation Company are specific measures to actively implement the national science and technology innovation strategy. By building a high-level joint innovation platform with complementary resources, collaborative sharing, open integration, and stability, it will help collaborate with multiple, multi-level and full-chain innovation forces, effectively integrate the resources of various innovators, support the development of major scientific and technological innovation research tasks, achieve breakthroughs in the innovation chain, and accelerate the deep integration and development of the industrial chain and innovation chain, promote the transformation and incubation of high-level scientific and technological innovation achievements, and cultivate strategic emerging industries and future industries , cultivate high-end scientific and technological innovation talents, and provide positive support for the company's innovative development and high-quality development.