roulettist| Beijing Energy International plans to expand infrastructure funds to acquire additional assets

Beijing Energy International (00686) issued an announcementroulettist, related to the establishment of infrastructure funds. The infrastructure fund currently holds Yulin Company, which has a 300-megawatt photovoltaic power generation project in Shaanxi Province, China, and Jingtai Company, which has a 100-megawatt photovoltaic power generation project in Hubei Province, China.

The company plans to expand the fundraising of infrastructure funds to acquire additional assets. to this endroulettist, the Infrastructure Fund will further raise funds through the issuance of these units, and Yunnan Baoshan, an indirect non-wholly owned subsidiary of the Company, together with Jingneng Tongxin, which is expected to enter into a deed of concerted action with the Group in respect of the Infrastructure Fund, intend to subscribe for 51% of these units. The proceeds from further fundraising will be used to acquire the entire equity of the project company from Baoshan, Yunnan. Application materials for further fundraising of infrastructure funds have been received by the China Securities Regulatory Commission and the Shanghai Stock Exchange for approval.