国电电力：投资建设大渡河老鹰岩一级水电站项目

Core Viewpoint - The establishment of a joint venture for the construction and operation of the Dadu River Eagle Rock Hydropower Station project is a significant step for the company, aligning with regional energy development plans and showcasing investment in renewable energy sources [1] Investment and Financials - The joint venture, named Guoneng Dadu River Eagle Rock (Sichuan) Hydropower Co., Ltd., is formed with an 85% to 15% shareholding ratio between Dadu River Company and Tenglong Jia Development Investment Co., Ltd [1] - The total installed capacity of the project is 300,000 kilowatts, with a dynamic total investment of 4.508 billion yuan, where the capital contribution ratio is 30% and the remaining funding will be secured through bank loans [1] - The company plans to increase its investment in Dadu River Company by 920 million yuan for the construction of this project [1] Project Location and Strategic Importance - The project is located in Shimen County, Ya'an City, Sichuan Province, and is identified as a key construction project in the "14th Five-Year" energy development plan of Sichuan Province [1] - According to the project's feasibility study report, the internal rate of return on capital is projected to be 6.44% [1]