Home > Media Center > 2015
CGN Meiya Held Roadshows for Asset Injection
Publish:2015-06-30

Jun 18-29, after thorough preparation, CGN Meiya successfully held its roadshows on asset injection with President Lin Jian attended.

The roadshows started with analysts meeting and over 20 senior bond analysts were invited. In the luncheon afterward, Meiya’s senior management team exchanged their thoughts with over 40 investors. A few days ago, CGN Meiya announced its acquisition of CGN Group’s wind power and solar power assets. Meiya will spend RMB 3965.5 million to acquire multiple wind power assets and solar power asset from CGN Group, including Zhejiang Xiangshan Wind Power, Zhejiang Ninghan Wind Power, Shandong Taipingshan Wind Power and Gansu Dunhuang Solar Power etc. The package consists of 6 solar power projects and 13 wind power projects with total installed capacity 1.4 million KW. The acquisition will increase high quality wind and solar assets in Meiya’s investment portfolio and consolidate company’s status in wind and solar generation industry. Return to shareholders will also be improved.

Yao Wei, Arthur Lee etc. also attended the roadshow.