Guoxuan High-tech Establishes New Energy Subsidiary in Guangxi to Boost Wind and Solar Power Development

Guangxi Guoxuan New Energy Co., Ltd. was recently established with a registered capital of 10 million yuan. The company is wholly owned by Anhui Guoxuan New Energy Co., Ltd., which is a wholly-owned subsidiary of Guoxuan High-tech. The company's business scope covers solar power generation services, offshore wind power system research and development, wind power generation services and related system research and development, as well as the research and development of emerging energy sources.

As an important energy base in southern China, Guangxi boasts unique location advantages, abundant wind energy resources, and a favorable business environment, creating favorable conditions for the development of the wind power industry. Guoxuan High-tech's investment and layout in this region will help further expand its business and market share while promoting the development of local energy industries.