Group 1 - The company held its sixth meeting of the second board of directors on June 17, 2025, with all nine directors present, ensuring compliance with legal and regulatory requirements [2][4][5] - The board approved an external investment project related to a storage project, which will be detailed in a separate announcement [3][5] Group 2 - The investment project is named "Baotou Storage Power Station Project," with a total investment amount of approximately 1.31 billion yuan (131,000 million) [8][11] - The project involves the construction of a 300,000 kW/1,800,000 kWh independent storage demonstration project, including supporting facilities [13] - The project is located in Baotou City, Inner Mongolia, and is expected to start construction in June 2025 and be completed by December 31, 2025 [13] Group 3 - The investment aims to enhance the company's integration into the renewable energy sector and support sustainable development in the region [11][15] - The project is expected to improve the reliability of power supply, reduce the curtailment of wind and solar energy, and provide emergency power for critical facilities [15] - The company anticipates stable revenue from the project due to a subsidy standard of 0.35 yuan per kWh for new grid-side independent storage projects, with a compensation period of 10 years [15]
永臻科技股份有限公司第二届董事会第六次会议决议公告