Jovo Energy(SH:605090) Zhi Tong Cai Jing·2025-09-29 08:15Core Viewpoint - Jiufeng Energy (605090.SH) plans to invest in a coal-to-natural gas demonstration project in collaboration with Xinjiang Qinghua Energy Group and Henan Future Silk Road Clean Energy Partnership, with a total investment of RMB 23.033 billion [1] Investment Details - The project aims to produce 5.5 billion cubic meters of coal-to-natural gas annually, with the second phase specifically targeting an annual output of 4 billion cubic meters [1] - Jiufeng Energy's total investment will not exceed RMB 3.455 billion, sourced from its own funds or self-raised capital [1] - Upon completion, Jiufeng Energy will hold a 50% stake in the second phase of the project, corresponding to an annual production capacity of 2 billion cubic meters of natural gas [1]