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PetroChina Jiyou (Pingquan) New Energy Development Co., Ltd. has been recently incorporated with Shi Peng as its legal representative and a registered capital of 3 million Renminbi. The company's scope of operations encompasses a diverse range of activities, including thermal power generation and supply, solar power generation technology services, research and development in carbon emission reduction technologies, the operation of centralized rapid charging stations for electric vehicles, the management of electric vehicle charging infrastructure, and the provision of energy storage technology services. According to shareholder records, PetroChina Taihu (Beijing) Investment Co., Ltd., a wholly-owned subsidiary of China National Petroleum Corporation (CNPC), holds a 100% stake in this newly established entity.
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