China Ruifeng Renewable Energy Holdings Ltd. (HK:0527) has released an update.
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China Ruifeng Renewable Energy Holdings Limited has announced additional information regarding their capital injection into a new energy storage power station project, which is still in development. The project, with an initial investment of approximately RMB92 million, aims to secure funding for land use rights, facilities, and equipment, with a total expected cost not exceeding RMB1.5 billion, largely financed through PRC financial institution loans.
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