Baota Industry(SZ:000595) Zheng Quan Zhi Xing·2025-08-11 16:16Investment Overview - The company has approved the investment in the Yanchi Gaosha Wo 320MW/640MWh energy storage project to enhance its renewable energy generation capacity and overall profitability [1][2] - The total investment for the project is approximately RMB 492.33 million, funded through local government special bonds, self-funding, and financing from financial institutions [1] Project Details - The energy storage station will consist of 64 units of 5MW/10MWh storage units, including storage battery cabins and inverters [2] - The project is located in Gaosha Wo Town, Yanchi County, Wuzhong City, Ningxia Hui Autonomous Region [2] - The financial internal rate of return after tax is 3.41%, with a capital internal rate of return of 5.16%, and a payback period of 17.59 years [2] Purpose and Impact - The project aligns with the regional policy to develop renewable energy and aims to build a modern energy industry system that is "clean, low-carbon, safe, and efficient" [2] - It is expected to significantly increase the company's renewable energy installed capacity, thereby enhancing its revenue and overall profitability [2] Project Approval and Next Steps - The investment does not constitute a related party transaction or a major asset restructuring as per regulations [2] - The project requires approval from the company's shareholders before proceeding [2]