General situation of assets of Maoergai Hydropower Co., Ltd.

June 5438 +2006 10, after the establishment of Sichuan Company, Maoergai Company merged into Sichuan Company and became the holding company of Sichuan Company. Sichuan Company holds 68%, Sichuan Tong Yuan Hydropower Development Co., Ltd. holds 12%, Chengyuan holds 10%, and Sichuan Dingneng Power Development (Group) Co., Ltd. holds 10%, which is the absolute holding company of state-owned capital. In April 2008, the shareholders' meeting of Maoergai Company passed the resolution of increasing capital by 654.38 billion yuan. At this point, the registered capital of Maoergai Company is 200 million yuan. By the end of 2008, the company's total assets were 172 1 100 million yuan, and its net assets were10.56 million yuan (the owner's equity decreased by 434 million yuan due to the "5 12" earthquake). By the end of 2008, Maoergai Company had completed the project with a total investment of about 8,654,380,000 yuan.