Xinjiang New Energy (Group) Environmental Development Co., Ltd. (hereinafter referred to as "Environmental Development Company") is a tier one subsidiary of Xinjiang New Energy Group. Registered capital of New Energy Group is 1 billion Yuan. It is a class A regulatory enterprise under SASAC of the autonomous region, and the only local state-owned sole proprietorship group company which takes clean energy comprehensive development and utilization, energy saving and environmental protection industry, modern agriculture and other green industry as the main business, and also the largest science and technology, production and service industry groups in Xinjiang New energy field.
