In July 2018, the Far East Investment Enterprise Capital Market achieved another success: Beikong Clean Energy Group Co., Ltd. announced that it had acquired the Xingyi Zhonghong Photovoltaic Power Plant Project and the Pu'an Zhonghong Photovoltaic Power Plant Project in Guizhou Province, China for 944 million yuan. The transaction will benefit the development of the company's photovoltaic power generation business; Beijing High Energy Times Environmental Technology Co., Ltd. (hereinafter referred to as “High Energy Environment” Securities Code “603588”) announced that its convertible corporate bonds were approved by the CSRC. The size of the convertible bonds issued this time is 840 million yuan.
Beijing Enterprises Clean Energy Group Co., Ltd. is a photovoltaic power generation investment platform built by Hongkong listed companies by Beikong Water Group and CITIC Industrial Investment Fund Management Co., Ltd. The company was established in March 2015 with a registered capital of RMB 500 million. It focuses on investment, development and construction of photovoltaic, energy storage and wind power projects. It is a leading company in the domestic new energy field.
Far East Holdings has made outstanding achievements in foreign investment and has excellent overall investment results. As of July 31, 2018, the total number of investment enterprises reached 341, with 98 listings (including 28 NEEQ) and 11 pre-disclosures.
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