Jiaze Renewables(SH:601619) Zheng Quan Zhi Xing·2025-03-25 13:12Core Viewpoint - The company plans to invest in a shared energy storage project in Mishan City, Heilongjiang Province, with an estimated total investment of approximately RMB 410.52 million, aiming to enhance its market competitiveness and align with national energy policies [1][4]. Project Overview - The project is named the 100MW/400MWh shared energy storage project, with a total capacity of 400MWh, designed to support various wind power projects in the region [3][4]. - The project will utilize the mature lithium iron phosphate battery system and is expected to take about six months for construction [3][4]. Financial Aspects - The estimated total investment for the project is approximately RMB 410.52 million, with funding sourced from the company's own resources and financing from financial institutions [4]. - The internal rate of return for the project is estimated at 4.71% (after tax), with a payback period that is considered feasible [4]. Strategic Importance - The project aligns with national industrial policies and the energy system construction direction of Heilongjiang Province, providing the company with opportunities in the new energy storage sector [4]. - Accelerating the layout of new energy storage business is a necessary measure for the company to adapt to national energy policy trends and industry development, fostering new growth momentum [4]. Project Approval and Implementation - The project has received the necessary investment project filing commitment and is pending approval from the company's shareholders' meeting [3][5]. - The board of directors has authorized the management to commence preliminary work to avoid delays in project progress [3].