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Nandu power: Ginseng 20% set up 5 billion fund inv

Nandu power supply in January 9th announced that the company signed a strategic cooperation agreement with the business department of the Zhejiang branch of the Construction Bank on the same day. It will jointly initiate the establishment of the Nandu power storage power station fund, focusing on the construction and operation of power station projects in the energy storage area of Nandu, which can meet the construction needs of the company for the next two to three years.
The fund's initial scale is tentatively set at 5 billion yuan, and the investment proportion of Nandu power supply and Construction Bank Zhejiang branch business department is 20% and 80% respectively.