China Electrical Equipment Group has established a new company in Tibet.

According to the Qichacha APP, recently, China Electric Equipment Group Tibet Limited Company was established with a registered capital of 100 million yuan. Its business scope includes: manufacturing of electric power equipment; research and development of high-efficiency energy-saving technologies in the electric power industry; research and development of distribution switch control equipment; contract energy management; manufacturing of transmission and distribution control equipment, etc. Qichacha's equity penetration shows that the company is wholly owned by China Electric Equipment Group Limited Company.