studhilo|北京能源国际(00686.HK)附属订立EPC合约

Gelonghui, May 2, Beijing Energy International (00686Studhilo.HK) issue an announcementStudhiloOn May 2, 2024, Jingqiao (a subsidiary of the company, as the contractor) entered into an EPC contract with the consortium unit (as the contractor). According to the EPC contract, the consortium will provide EPC services to Jingqiao to build the EPC project. Under the EPC contractStudhiloThe contract price is about 677 million yuan (including tax).

The EPC project refers to the photovoltaic project located in Chongqing, China, with a total planned capacity of 150MW.

The Group has accelerated the pace of expanding the scale of clean energy development and the scale of renewable energy business, which is one of the key points of the Group in this regard. As far as the directors are aware, Shanxi Electric Power Construction and Hunan Electric Power Design Institute are mature companies with rich experience in the construction and development of photovoltaic projects in China. The conclusion of the EPC contract will be in line with the country's policy of distributing large power bases and will enable the company to further expand its business scale of photovoltaic power stations in the renewable energy industry and diversify its clean energy portfolio by building high-quality photovoltaic projects, thereby earning greater returns for shareholders.