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December 7，Shandong Development Investment Group officially signed a contract with Huadian Fuxin Energy Development Co., Ltd. (hereinafter referred to as Huadian Fuxin Development), a subsidiary of Huadian Group，Invest 1.6 billion yuan to increase capital of Huadian Fuxin Development，Became its fourth largest strategic shareholder and shareholder of an seabet app downloadimportant local industrial investment platform。

Huadian Fuxin Development recently completed a total installed capacity of 25 million kilowatts、Reorganization of wind and photovoltaic assets with total assets of nearly 170 billion yuan，Become one of the largest new energy power generation operators in China。its value concept、Business results、The development potential has been unanimously recognized by investors，This time, the capital increase through the Beijing Equity Exchange triggered a war，Causing enthusiastic response from the capital market，Finally ended with raising 15 billion yuan，Raised over 3 billion yuan。China Life、China Guoxin、National Green Development Fund、13 strategic investors including China Southern Power Grid and Shandong Development and Investment Group became the company’s new shareholders。Through the leverage effect of capital，Nearly 80 billion yuan will be leveraged into the construction of new energy projects，Can promote more than 15 million kilowatts of wind power、Photovoltaic project implemented，Open the door to accelerate docking with the capital market、The prelude to building a new energy aircraft carrier with seabet appa scale of 100 billion，Help China Huadian achieve its “carbon peak” goal。

Shandong Development Investment Group has a long history，Insist on being green、Technology Development Concept，Vigorously promote wind power、Optoelectronic project construction，Actively lay out the construction of clean energy projects，Help achieve carbon peak、Achievement of carbon neutrality goal。In recent years，Continuously increase investment in clean energy，Building an investment framework focusing on new energy，Make green energy a core asset that focuses on allocation，Increase allocation and hold for long term，Successively implemented the "Long Electricity Transfer to Shandong"、“Jiji Electricity to Shandong” and other wind and photovoltaic projects。This investment in Huadian Fuxin Development，Will further expand the company’s layout in the field of clean energy，Consolidate the company’s solid foundation for sustainable development in the green business sector。Next step，Shandong Development Investment Group Company will continue to thoroughly implement the Shandong Provincial Party Committee and Provincial Government’s “Carbon Peak”seabet online sports betting、Important decision-making and deployment of “carbon neutrality”，Resolutely implement the new development concept and high-quality development requirements，To promote the transformation and upgrading of Shandong Province’s energy structure，Accelerate the green transformation of energy，Achieve “carbon peak”、Making a positive contribution to the goal of “carbon neutrality”。

Contributed by:Capital Operation Department