Core Viewpoint - LinYuan Energy's subsidiary has won a significant contract for a grid-side energy storage project in Mauritius, indicating growth potential and international expansion for the company [1] Summary by Relevant Sections Project Details - LinYuan Energy's wholly-owned subsidiary, LinYuan Power Services, formed a consortium with China Water Resources and Electric Power Foreign Engineering Co., Ltd. to win the bid for the Mauritian government’s public tender for a grid-side energy storage project [1] - The total bid amount is approximately 83.41 million Mauritian Rupees and 2.32 million USD, totaling around 2.5 million USD (excluding tax) [1] Financial Impact - The estimated total bid amount converts to approximately 179.43 million RMB based on the latest USD exchange rate [1] - This project represents 2.66% of the company's audited operating revenue for the fiscal year 2024, suggesting a modest but positive contribution to revenue [1] - The project is expected to have a positive impact on the company's operational performance and results starting from 2025 and beyond [1]
林洋能源:子公司中标约1.79亿元毛里求斯电网侧储能项目