Anhui Wenergy Co. Ltd is mainly engaged in the generation and sale of electricity. A subsidiary of Wanneng Group, the company owns and operates power plants in Hefei, Tongling and Maanshan consisting of five 125,000 kilowatt electrical generators. It owns 98% of the shares of Tongling Wanneng Electricity Power Co. Ltd, 40% of the shares of Huaibei Guoan Electricity Power Co. Ltd, 40% of the shares of Fuyang Huarun Electricity Power Co. Ltd and 10% of the shares of Maanshan Wannengda Electrici ... more
At the 1st 2008 Special Meeting of the 3rd Board of Directors held on 4 Feb 2008, the following proposals were examined and approved:
1. to renew a RMB 43.50 mln loan, to be used by the company as