Yinggu Co., Ltd. signed a cooperation agreement with Asia-Pacific Oasis and Zhida Research And learning for distributed photovoltaic power generation projects

On September 9, Yinggu Co., Ltd. (830855) announced that the company signed a "cooperation agreement" (hereinafter referred to as the "Agreement") with Ningxia Asia-Pacific Oasis New Energy Co., Ltd. and Ningxia Zhida Research and Culture Education Co., Ltd. for the development and investment of distributed photovoltaic power generation new energy projects. Based on the basic principles of equality, mutual benefit and complementary advantages, the two sides have formed a long-term and comprehensive strategic partnership through resource sharing, complementary advantages and business innovation, and jointly promoted the development of new energy business in Ningxia.

The announcement shows that the main contents of the agreement: In this agreement, Ningxia Yinggu Industrial Co., Ltd. is the party A, and Ningxia Asia-Pacific Oasis New Energy Co., Ltd. and Ningxia Zhida Research Culture and Education Co., Ltd. are the joint party B.

Party A and Party B cooperate on the distributed photovoltaic power generation project of dairy farms within the scope of Ningxia, and the distributed photovoltaic power generation project of dairy farms developed by Party B (including its related parties and the entities actually controlled) shall give priority to cooperation with Party A, and the specific cooperation methods include but are not limited to: Party B assists Party A or a third party designated by Party B (the same below) to apply for the development of a new dairy farm distributed photovoltaic power generation project, and Party A will carry out follow-up investment and construction, or joint venture or cooperative investment and construction by Party B; Party B has invested in the construction of projects, If the acquisition conditions are met, Party A may consider the pre-emptive acquisition.

After consultation, the two parties have determined that the scale of the first batch of cooperation (planned to be completed by June 30, 2022) for distributed photovoltaic power generation projects on dairy farms is not less than 50 MW. After the signing of this Agreement, Party B shall assist Party A to immediately carry out due diligence of the project, and according to the specific circumstances of the project, Party A and Party B shall separately sign the specific agreement of the project, and confirm the operation details of the specific matters, and the accurate capacity of the specific project shall be subject to the capacity of Party B to complete all the complete procedures of the project according to the requirements of this Agreement.

While Party A and Party B cooperate in carrying out the first batch of the above-mentioned projects, party A and Party B may separately establish a joint venture company, and the joint venture company shall be the main body for follow-up cooperation, development and investment and construction of new energy projects related to distributed photovoltaic power generation projects in dairy farms or distributed photovoltaic power generation projects related to agriculture, fishery and animal husbandry, and the specific operation details of such joint venture companies shall be separately negotiated by both parties.

It is understood that the signing of this agreement will help the company to develop new energy business, implement new energy projects as soon as possible, enhance the company's sustainable development capabilities and comprehensive competitive advantages, and is expected to have a positive impact on the company's future financial situation and operating results.

According to the data of the digging shell network, the main business of Yinggu Co., Ltd. involves gold and photovoltaic industries, and the main products and services include gold, pure gold products and precious metal handicrafts and photovoltaic equipment, photovoltaic power plant investment and general contract construction services.

This article originated from the digging shell network