GCL Energy Branch (002015): Subsidiary's participation in the progress of investment in Mu0026A funds

GCL Energy Technology Co., Ltd. announcement on the progress of subsidiaries' participation in investment in Mu0026A funds: All members of the company and the board of directors guarantee the truthfulness, accuracy and completeness of the information disclosed, and there are no false records, misleading statements or major omissions.　　GCL Energy Technology Co., Ltd. (hereinafter referred to as the 'Company') reviewed and approved the 'Proposal on Jointly Establishing a Clean Energy Investment Mu0026A Fund' at the third meeting of the seventh board of directors held on August 6, 2019. In order to better strengthen the company's influence in the field of clean energy, expand and strengthen its main business, and improve its development and deployment capabilities in the power generation industry, the company's holding subsidiary GCL Smart Energy Co., Ltd. (hereinafter referred to as 'GCL “Smart Energy”) intends to cooperate with Tianjin Yuanrong Investment Management Co., Ltd. (hereinafter referred to as “Tianjin Yuanrong”) under Huaneng Investment Management Co., Ltd. (hereinafter referred to as “Huaneng Investment”) and Sanxia Jianxin (Beijing) Investment Fund Management Co., Ltd. (hereinafter referred to as (Referred to as 'Three Gorges Construction Credit') to jointly establish a clean energy investment Mu0026A fund (hereinafter referred to as the 'Clean Energy Fund') focusing on power generation industry investment, mergers, acquisitions and integration, etc. The size of the fund does not exceed RMB 1 billion, of which priority shares No more than 500 million yuan, the share of inferior grades does not exceed 500 million yuan, and the ratio of priority to inferior grades is 1:1. As one of the inferior limited partners, GCL Smart Energy intends to subscribe and contribute no more than 250 million yuan with its own funds. For details, please refer to the 'Announcement on Jointly Establishing Clean Energy Investment Mu0026A Funds' (Announcement No.: 2019-083) disclosed by the company on August 8, 2019. Recently, GCL Smart Energy and other partners completed the signing of partnership agreements. , The agreement amount is RMB 1 billion.　　As of the disclosure date of this announcement, GCL Smart Energy has not yet officially paid the payment.　　The company will continue to perform its information disclosure obligations in accordance with the Shenzhen Stock Exchange’s 'Memorandum of Information Disclosure on the Small and Medium-sized Enterprise Board No. 12: Cooperative Investment by Listed Companies and Professional Investment Institutions'. Special announcement.　　 GCL Energy Technology Co., Ltd. Board of Directors 　　 January 3, 2020 Article keywords: 　 GCL Energy Branch Xiake Environmental Textile Stocks Latest Announcement