Shengyang power supply is located in Qufu, Shandong Province. Its predecessor was Qufu Power Supply Factory, a local state-owned enterprise established by 199 1, and it was transformed into Qufu Shengyang Power Supply Industry in 1998. After a series of jaw-dropping additions and subtractions, such as capital injection, transfer and buyout, dozens of backbones, such as Bin Song, the former factory director, and Gao Yunkui, the deputy factory director, became the actual controllers of the company, and listed on the small and medium-sized board in Shenzhen on 20 1 1. At the end of 2065438+2007, Zhongmin Xinneng Power Investment Co., Ltd. (hereinafter referred to as "Xinneng Power"), a subsidiary of China Minsheng Investment Co., Ltd., obtained the controlling right of Sanyang shares from Bin Song and his concerted parties by signing the Equity Transfer Agreement and the Voting Entrustment Agreement.