Runjian Co., Ltd.: Subsidiary plans to subscribe to trust products worth 55,008,000 yuan for investment in clean energy

Rui Si Network News: On March 9th, Runjian Co., Ltd. announced that its wholly-owned subsidiary, Runjian Energy, recently signed the “Huaneng Trust Runhui Wealth Management Trust Contract” (hereinafter referred to as the “Trust Contract”) with Huaneng Trust. Runjian Energy will invest no more than RMB 55.008 million of its own funds to entrust Huaneng Trust to establish a trust product. Among them, Runjian Energy’s initial investment will be no less than RMB 10 million. The trust product has a term of 48 months, and the funds will be invested in the clean energy industry through the trust product.

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