Core Viewpoint - Beijing Energy International (00686.HK) has signed an EPC contract with a consortium for a project valued at approximately RMB 148 million, reflecting the company's optimistic outlook on the photovoltaic industry in China [1] Group 1: Contract Details - The EPC contract was established on September 3, 2025, between Baoneng Fengtai (the contracting party) and a consortium led by China Water Resources and Hydropower Sixth Engineering Bureau [1] - The contract price for the EPC services is approximately RMB 148 million, including tax [1] Group 2: Industry Outlook - The company holds an optimistic view on the future prospects of the photovoltaic industry in China, considering its development and expected investment returns [1] - The company is accelerating the expansion of its clean energy and renewable energy business, which is a key focus area [1] Group 3: Strategic Partnerships - The consortium members, China Water Resources and Hydropower Sixth Engineering Bureau and China Electric Power Survey and Design Institute, are well-established companies with extensive experience in photovoltaic project construction and development in China [1] - The signing of the EPC contract aligns with national policies for large-scale power base development, enabling the company to expand its photovoltaic power station business and diversify its clean energy portfolio, ultimately aiming to generate greater returns for shareholders [1]
北京能源国际(00686.HK)附属保能丰泰订立EPC合约