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Listed for 1 RMB! Three Gorges New Energy Announces Another Equity Transfer

According to an official disclosure on the Beijing Equity Exchange website on July 16, China Three Gorges Renewables (Group) Co., Ltd. (hereinafter referred to as “Three Gorges New Energy”) has listed 49% equity of Qujing Jingrui New Energy Co., Ltd. for transfer at a listing price of 0.0001 million yuan (1 RMB).

Public records indicate that the company is currently 49% owned by Three Gorges New Energy and 51% owned by JA Solar Investment (China) Co., Ltd.

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