[Guangyu Development: subsidiary plans to set up seven joint ventures] Financial Associated Press, June 6, Guangyu Development announcement Xinjiang China Green Power, a wholly owned subsidiary of the company, plans to jointly establish Urumqi China Green Power New Energy Co., Ltd., Nilke County China Green Power New Energy Co., Ltd., Kuitun China Green Power New Energy Co., Ltd., Ruoqiang County China Green Power New Energy Co., Ltd., Fukang Zhonglu Power New Energy Co., Ltd., Shanshan County China Green Power New Energy Co., Ltd., Karamay Zhonglu Power New Energy Co., Ltd. Jointly participate in the acquisition and follow-up investment and development of new energy resources in Xinjiang.