Shang Hai Ya Tong's Subsidiary to Establish New Energy Venture with 18 Million Yuan Investment

Deep News05-15

On May 14, Shang Hai Ya Tong Co.,Ltd. announced that its wholly-owned subsidiary, Shang Hai Ya Tong Real Estate Development Co., Ltd., plans to establish a new company named Shang Hai Ya Xing Energy Construction Management Co., Ltd.

The new entity, Ya Xing Energy, will have a registered capital of 18 million yuan, fully funded by Ya Tong Real Estate. The company's business scope will include the development, construction, operation, and management of energy projects, covering new energy sectors such as wind power, photovoltaics, hydrogen energy, energy storage, and biomass energy. It will also be involved in the research and development of emerging energy technologies and solar power technical services.

The company stated that this investment is made to meet operational development needs, aiming to accelerate business expansion and enhance economic benefits.

Financial data shows that for the first quarter of 2026, Shang Hai Ya Tong Co.,Ltd. achieved an operating revenue of 258 million yuan, a year-on-year increase of 223.33%. Net profit attributable to shareholders of the listed company was 1.7502 million yuan, turning a profit compared to the same period last year.

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