CH CASTSON 81's subsidiary plans to acquire equity interests in Guangzhou Heyue New Energy Technology
CH CASTSON 81's wholly-owned subsidiary, Yinwei International Limited, has signed a memorandum of understanding with Guangzhou Heyue New Energy Technology Co., Ltd. to plan the acquisition of the latter's equity interests. The target company focuses on the new energy sector, providing integrated solutions such as photovoltaics and energy storage, aligning with China's economic strategy, and is expected to bring investment opportunities to CH CASTSON
According to the announcement from CH CASTSON 81 (00810), on September 1, 2025, the company's indirect wholly-owned subsidiary, Yinwei International Limited (the subscriber), entered into a memorandum of understanding with Guangzhou Heyue New Energy Technology Co., Ltd. (the target company) regarding a potential investment in the acquisition of equity interests in the target company.
The target company is a limited company registered in China. Its main business is to provide high-quality integrated solutions for new energy, focusing on investment, construction, and operation in the new energy sector (photovoltaics, inverters, energy storage, charging station microgrids, and hydrogen energy).
Photovoltaics is an inevitable trend in the development of the global energy industry and the adjustment of industrial structure, often referred to as the "third industrial revolution." As one of the largest energy consumers in the world, China has incorporated "photovoltaic poverty alleviation & distributed photovoltaics" into its economic strategy, actively encouraging the development of distributed photovoltaics from a policy perspective.
The announcement stated that the target company will bring valuable investment opportunities to the company
