guangzhou pearl river electric power fuel co., ltd.
guangzhou pearl river electric power fuel co., ltd., the wholly-owned subsidiary of the company was established on october 28, 1993 with the registered capital of rmb 233,789,900 yuan. the company is mainly engaged in wholesaling and retailing businesses of coal and petroleum products.
on june 11, 2007, the 21st meeting of the board of directors has reviewed and passed the resolution of agreement on increasing registered capital of guangzhou pearl river electric power fuel co., ltd. agreeing that the subsidiaries of the company guangzhou development coal investment co., ltd., guangzhou development asset management co., ltd. and the wholly-owned subsidiary of nws holdings limited-best star investment limited will signed the agreement of increasing registered capital of guangzhou pearl river electric power fuel co., ltd. after increasing the registered capital, the registered capital of the company will be increased from rmb 233,789,900 yuan to rmb 359,676,800 yuan, and the company will hold 65% equity interests through the wholly-owned subsidiaries guangzhou development coal investment co., ltd. and guangzhou development asset management co., ltd., and best star investment limited will hold 35% equity interests. the above mentioned issue has to be approved by the entitled authorities.
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associated companies
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- · guangzhou pearl river lng power generating co., ltd.
- · guangzhou pearl river & oriental electric power co., ltd.
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- · guangzhou development oil products sales co., ltd.
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- · cosco development shipping co., ltd.
- · guangzhou nansha development coal jetty co., ltd.
- · guangzhou pearl river electric power fuel co., ltd.