Polaris solar PV net news: CDB international announced that the open international holding company and majority shareholder bi hua, have agreed to subscribe for the enlarged share capital 23.81% and 26.19% owned by companies cope with the cost of 24.9984 million dollars. After you subscribe, the company and China International Holdings would take bihua enlarged share capital of 23.81% and 76.19%.
BI Hua as the controlling shareholder of the subsidiary company. On July 25, 2014, bihua made ATP power purchase agreements, bi Hua agreed to subscribe to sitech power enlarged share capital of about 21% (on a fully diluted basis). Sitech jinkosolar power subsidiary, mainly engaged in solar project development and operations. CDB international expectations, China solar energy market in the next few years there will be rapid growth, and electricity will continue as a leading player in the market.
Original title: jinko solar CDB international $ 24.99 million purchase bulls power 21% equity