CHANT GROUP(SZ:002616) Shang Hai Zheng Quan Bao·2025-09-25 20:53Core Viewpoint - The company has approved the investment in the second phase of the Maoming Changqing cogeneration project and the associated pipeline project, with a total estimated investment of 571 million yuan [8][11]. Group 1: Investment Overview - The total estimated investment for the project is 571 million yuan, with approximately 200 million yuan allocated for the cogeneration project and about 371 million yuan for the pipeline project [8][13]. - The project aims to meet the steam demand of China Petroleum & Chemical Corporation Maoming Branch due to its expansion and downstream industries [8][11]. Group 2: Project Details - The cogeneration project will include a 260t/h high-temperature and high-pressure circulating fluidized bed boiler, a back-pressure turbine, and a 25MW generator set [13]. - The pipeline project will extend approximately 21 kilometers from the cogeneration plant to the Maoming Refinery, with a design flow of 230t/h [14]. Group 3: Contractual Agreements - A steam supply contract has been signed between the company and Maoming Petrochemical, stipulating a base steam supply of 165t/h after the commissioning of the RTC unit [10][11]. - The contract is set for a duration of five years, with provisions for negotiation of a new agreement three months prior to expiration [10]. Group 4: Expected Impact - The implementation of this project is expected to enhance the company's sales and profitability [19]. - The project is anticipated to have a positive impact on the company's future financial status and operational performance, although it will not significantly affect the company's performance in 2025 [20].