[Xinwanda Power and Shenzhen State-owned Assets established an investment company with a registered capital of 750 million yuan] On September 29, Tianyancha showed that Shenzhen Xinfa Investment Co., Ltd. was recently established. The legal representative is Liu Cheng and the registered capital is 750 million yuan. Its business scope includes emerging energy technology research and development, housing leasing, non-residential real estate leasing, park management services, investment activities with its own funds, property management, etc. Shareholder information shows that the company is held 80% and 20% by Shenzhen Jianrui Investment Co., Ltd. and Xinwangda Power Technology Co., Ltd. respectively. The equity penetration chart shows that Shenzhen Jianrui Investment Co., Ltd. is wholly owned by Shenzhen Guangming District Construction and Development Group Co., Ltd., which is a wholly state-owned company.