Linyang Energy(SH:601222) Shang Hai Zheng Quan Bao·2025-06-12 19:14Core Viewpoint - Jiangsu Linyang Energy Co., Ltd. has won a bid for a government public tender project in Mauritius, which involves the design, manufacturing, supply, installation, testing, and commissioning of two battery energy storage systems totaling 40MW/120MWh, with a total bid amount of approximately USD 2,498.89 million [1][4]. Group 1: Bid Details - The subsidiary Jiangsu Linyang Power Service Co., Ltd. confirmed the bid win for the Mauritius government public tender for an energy storage project [1]. - The project includes two 20MW/60MWh battery storage systems, with a total bid amount of 8,341.29 million Mauritian Rupees and 2,320.87 million USD [1]. - The estimated total bid amount in RMB is approximately 17,942.76 million [1]. Group 2: Counterparty Information - The Central Electricity Board (CEB) of Mauritius is one of the main electricity supply institutions in the country, responsible for about 42% of the national electricity supply [2]. - CEB is actively promoting renewable energy projects to achieve a target of 60% renewable energy by 2030 [2]. Group 3: Impact on the Company - The estimated bid amount represents 2.66% of the company's audited total revenue for 2024 [4]. - The execution of the contract is expected to positively impact the company's operations and performance in 2025 and beyond [4]. - This bid win reflects the company's efforts to strengthen its overseas marketing network and expand its international business [4].