China Longyuan Power Group Corporation Limited (00916) announced that on November 14, 2025, the company and its wholly-owned subsidiary, Xiongya Company, signed investment agreements with Guoneng Jiangsu Power and other transaction counterparts to jointly establish Rudong Longyuan, Yancheng Dafeng Longyuan, and Sheyang Longyuan. The company and its subsidiary Xiongya Company will collectively invest RMB153 million in this transaction. Upon completion, Rudong Longyuan, Yancheng Dafeng Longyuan, and Sheyang Longyuan will become subsidiaries of the company.
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