Ningbo Energy, Ri Yue Holdings, and other companies have established Zhehai Fengmugang Equipment Development Company.

According to the QiChaCha app, Zhejiang Ningbo Zhehai Fengmu Port Equipment Development Co., Ltd. was recently established with a registered capital of 1.2 billion yuan. Its business scope includes sales of marine engineering equipment, manufacturing of marine engineering platform equipment, manufacturing of marine energy generators, manufacturing of generators and generator sets, among others. QiChaCha equity penetration shows that the company is jointly held by Zhejiang Ocean Wind Power Development Co., Ltd., Ningbo Energy, Ruyue Shares, and Oriental Cable.