China Business News: Tianwei Baobian Electric to invest RMB 3.1 bln in solar project

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Tianwei Baobian Electric to invest RMB 3.1 bln in solar project

Sep. 10, 2009 (China Knowledge) - Baoding Tianwei Baobian Electric Co<600550>, a transformer producer based in Baoding, Hebei Province, on Sep. 8 announced that it plans to invest RMB 3.1 billion in a solar project of subsidiary firm Baoding TianWei SolarFilms Co Ltd, in which it owns a 97.22% stake, sources reported. The subsidiary, which has a registered capital of 360 million, on Jun. 2

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