Zhi Tong Cai Jing·2025-09-12 08:38Core Viewpoint - Longjing Environmental Protection (龙净环保) has announced the acquisition of an 80% stake in the Kairangeng Hydropower Station project in the Democratic Republic of Congo, which is a significant step in the company's strategy to enhance its global clean energy footprint and support Zijin Mining's operations in the region [1] Group 1 - The Kairangeng Hydropower Station is located on the Lualaba River in Haut Lomami Province, 200 km from Zijin Mining's operations in Kolwezi, where there is a significant electricity shortage [1] - The total investment for the project is approximately $399 million, which will be funded by the company [1] - The project has a capacity of 140 MW and aims to prioritize electricity supply to Zijin Mining's enterprises in the Democratic Republic of Congo, thereby enhancing industrial synergy and reducing electricity costs [1] Group 2 - This project is a key initiative for the company to implement its "environmental protection + new energy" dual-driven strategy and deepen its global clean energy layout [1] - The completion of this project is expected to enhance the company's competitiveness and brand influence in overseas markets [1] - The implementation of the project will expand the scale of clean energy generation and provide a sustainable profit growth point, aligning with the company's long-term development strategy and the global trend towards low-carbon development [1]