横店东磁提升装机规模 拟超22亿投建光伏发电项目

Core Viewpoint - Company plans to invest approximately 2.243 billion yuan in two photovoltaic power generation projects in Lianyungang, Jiangsu, as part of its strategy to develop renewable energy [1] Investment Projects - The first project, Dongwang Fishing-Photovoltaic Complementary Power Generation Project, will have a total investment of about 1.122 billion yuan and aims to build a 200MW centralized photovoltaic power station using a fishing-photovoltaic complementary model [2][5] - The second project, Donggan Fishing-Photovoltaic Complementary Power Generation Project, also plans to invest around 1.121 billion yuan for a similar 200MW centralized photovoltaic power station [7][5] Financial Metrics - The internal rate of return for the investment projects is estimated at 6.97%, with a capital return rate of 9.88% and a payback period of approximately 11.13 years [5][9] Funding Sources - Funding for the projects will be sourced from self-raised funds, including shareholder contributions, shareholder loans, and loans from financial institutions [3][8] Project Timeline - Both projects are expected to be completed within 12 months after construction begins, subject to the approval of the company's authorized institutions [4][6] Company Overview - Company is engaged in the research, production, and sales of magnetic materials, photovoltaic products, and lithium batteries, and has established itself as a competitive player in both the magnetic and renewable energy sectors [9][10] - As of June 30, 2024, the company has an annual production capacity of 238,000 tons of magnetic materials, 14GW of solar cells, and 12GW of solar modules, ranking among the top manufacturers globally [10] Recent Developments - The company has recently expanded its production capacity, completing a 6GW new high-efficiency battery production line and gradually starting production on a second 6GW TOPCon high-efficiency battery line [11] - The company has obtained necessary preliminary compliance procedures for the projects and is currently preparing environmental assessments and other reports required for construction [12]