DECEMBER 19 -- Beijing Tianrun New Energy Investment, a wholly-owned subsidiary of wind turbine maker Xinjiang Goldwind Science and Technology (002202,2208.HK), plans to sell a 50 percent stake in each of its two wholly-owned subsidiaries for a total of RMB 129 million , reports stcn.com, citing a company filing.

Beijing Tianrun New Energy Investment plans to sell a 50 percent stake in Shandu Tianrun Wind Power, a subsidiary which has registered capital of RMB 85 million , to China Three Gorges New Energy.

It also plans to sell a 50 percent stake in Qingdao Runlai Wind Power, a subsidiary with registered capital of RMB 40 million , to the same company.

China Three Gorges New Energy will inject RMB 38 million into Qingdao Runlai Wind Power, following which the latter’s registered capital will be raised to RMB 78 million.