Core Viewpoint - LinYuan Energy (601222) announced that its wholly-owned subsidiary, LinYuan Power Services, has won a bid for a government public tender for a grid-side energy storage project in Mauritius, indicating a significant expansion opportunity for the company in international markets [1] Summary by Categories Company Announcement - LinYuan Power Services, in partnership with China Water Resources and Electric Power Foreign Engineering Co., has secured a bid amounting to 83.41 million Mauritian Rupees plus 2.32 million USD, totaling approximately 24.99 million USD (excluding tax) [1] - The estimated total bid amount, when converted at the latest USD exchange rate, is about 179 million RMB, which represents 2.66% of the company's audited operating revenue for the fiscal year 2024 [1] Future Impact - The successful bid is expected to have a positive impact on the company's operational performance and business results starting from 2025 and beyond [1]
林洋能源:子公司中标2498.89万美元储能项目