GEPIC(SZ:000791) Zheng Quan Zhi Xing·2025-09-03 16:08Investment Overview - Gansu Electric Power Investment Energy Development Co., Ltd. plans to invest in a 1 million kW integrated wind and solar power project in Minqin, with a total dynamic investment of 408,868.91 million yuan, where 20% will be funded by equity and the remainder through bank loans [1][2] - The project aims to expand the company's renewable energy generation capacity and requires shareholder approval [1][3] Project Details - The project includes a 500 MW wind farm and a 500 MW solar farm, with a total construction period of 24 months [2] - The expected annual average electricity generation is 109,921.00 million kWh for wind and a calculated financial internal rate of return of 6.76% for the equity investment, with a payback period of 14.91 years after tax [2][3] Company Structure - The project will be executed by Gansu Electric Power Minqin New Energy Co., Ltd., which is 70% owned by the company, with other stakeholders including China Power Engineering Consulting Group and China Shipbuilding Industry Corporation [2][3] Strategic Importance - This investment aligns with national policies promoting renewable energy development and is expected to enhance the company's core business and increase its revenue from power generation [3][4]