GDEP(SH:600310) Zhong Guo Jin Rong Xin Xi Wang·2025-06-23 11:55Core Insights - The Guangxi Energy Company's Hezhou Pumped Storage Power Station project is transitioning from blueprint to reality, featuring a total installed capacity of 1.4 million kilowatts and an expected annual power generation of approximately 1.62 billion kilowatt-hours, which will save 503,600 tons of standard coal annually, making it a crucial power regulation hub in the eastern Guangxi region [1][2]. Group 1 - The pumped storage power station utilizes low-load electricity to pump water to an upper reservoir and releases it during peak load periods to generate electricity, serving as a key facility for stabilizing the integration of renewable energy into the power system and promoting green energy transition [2]. - The project is strategically positioned to support the construction of a clean, low-carbon, safe, and efficient new energy system, acting as a "stabilizer" and "regulator" for the new power system [2]. Group 2 - Guangxi Energy Company emphasizes the "project first" philosophy, prioritizing major project construction and establishing a "Party building + project construction" mechanism to ensure effective project advancement [4]. - The project team has actively addressed challenges related to land acquisition and resettlement planning, engaging with government departments at various levels to secure support and approvals [4]. - The establishment of a "Party member assault team" has facilitated the successful completion of critical project milestones, demonstrating the effective integration of Party leadership in driving project progress [4].