Yongfu(SZ:300712) Zheng Quan Shi Bao Wang·2024-12-23 07:35Core Viewpoint - Yongfu Co., Ltd. has successfully won a bid for a significant solar and energy storage project in Indonesia, marking a strong recognition of its capabilities in the renewable energy sector and laying a solid foundation for its international expansion strategy [1] Group 1: Project Achievements - The company has secured a contract worth $140 million (approximately 1.006 billion RMB) for a 200MWac solar and 80MW/80MWh energy storage project in Indonesia, which is the largest solar-storage project in the country [1] - The Indonesian project includes a solar power station, battery storage system, and associated infrastructure, with Yongfu Co. responsible for design, supply, installation, testing, and commissioning [1] - The company has also marked its first overseas solar-storage EPC project, which will enhance its international project experience and facilitate further expansion in the overseas energy market [1] Group 2: Domestic Project Progress - Yongfu Co. has been actively winning multiple service project bids, including the successful completion of the world's highest altitude UHV project in Hubei, where it handled the design tasks [3] - The company has strengthened its strategic cooperation with Juhua Group through a feasibility study for a 1GW wind farm project [3] - The company participated in the successful grid connection of a 180MW offshore solar power station, showcasing its innovative solutions in energy storage integration [3] Group 3: International Expansion - Yongfu Co. is accelerating its market expansion in Southeast Asia and South Asia, including countries like Bangladesh, the Philippines, Indonesia, and Malaysia [4] - The company leverages its industry-leading capabilities in power system integration and stable partnerships with major energy investors to provide various professional services and products in the overseas energy sector [4] - The company has also won a design service contract for a gas turbine project in Iraq, demonstrating its competitiveness in the international market [4] Group 4: Future Outlook - With a strong foundation in the power energy industry and proactive market positioning, Yongfu Co. aims to become a globally influential provider of zero-carbon power system solutions [5] - The company plans to remain at the forefront of the industry by focusing on innovation in technology, products, and business models, thereby enhancing its market competitiveness [5] - Yongfu Co. is committed to contributing significantly to the green energy sector both in China and globally [5]