Core Viewpoint - Dongfang Cable plans to invest approximately 2 billion yuan in a deep-sea transmission equipment project in Beihai City, Guangxi, to enhance technological innovation in the offshore wind power sector [1][2]. Investment Details - The total investment for the project is estimated at around 2 billion yuan, with fixed asset investment of about 700 million yuan [1]. - The project will be constructed in three phases: Phase 1 will invest 300 million yuan, Phase 2 will invest 700 million yuan, and Phase 3 will invest 1 billion yuan [1]. Strategic Importance - The deep-sea transmission system is crucial for the development of deep-sea energy resources, aligning with the company's long-term strategic goals [2]. - The investment aims to enhance the company's core competitiveness and profitability by advancing key technologies in the offshore wind power sector [2]. Regulatory and Financial Considerations - The project implementation requires compliance with national laws and regulations, and land use rights must be secured [3]. - The investment proposal will be subject to approval by the shareholders' meeting, which may significantly impact the company's financial status [3]. Production and Capacity Expansion - Dongfang Cable specializes in the design, production, installation, and maintenance of submarine and land cables, with core products including land cable systems, submarine cable systems, and marine engineering [3]. - The company is expanding its production capacity with a focus on high-voltage submarine cable manufacturing bases in eastern China, particularly in Guangdong and Jiangsu provinces [3][4]. Recent Projects - The company has recently secured two major projects: a 220kV and 66kV submarine cable project in the South China Sea, with a total value of approximately 985 million yuan and 290 million yuan respectively [4]. - These projects are expected to positively impact the company's future revenue generation while maintaining operational independence [4].
东方电缆拟20亿元 投建深远海输电装备项目