PJRC(SH:600395) Zheng Quan Zhi Xing·2025-08-08 16:11Overview - The company plans to increase its investment in Panjiang New Energy Power (Zhenning) Co., Ltd. by 55.8 million yuan to support the construction of the Zhenning Panjiang Geli Wind Farm project, which has a total investment of 279.17 million yuan [1][2]. Investment Details - The investment will be made in cash and will be used for project-related expenses, including EPC engineering fees and land lease payments [3][5]. - The decision was approved by the company's board with a unanimous vote of 7 in favor [1][2]. Company and Project Information - Panjiang New Energy Power (Zhenning) Co., Ltd. is a wholly-owned subsidiary of Guizhou Panjiang Coal Co., Ltd. [2]. - The wind farm project will have a capacity of 50 MW, consisting of 10 units of single-machine capacity [2][5]. - As of the first quarter of 2025, the subsidiary reported a revenue of 5.39 million yuan and a net profit of 1.06 million yuan [2]. Impact on the Company - After the capital increase, the company will still hold 100% equity in the subsidiary, which is expected to accelerate project construction and promote the integration of traditional and renewable energy sources, contributing to the company's high-quality development [5].