Core Viewpoint - The company has announced the establishment of a joint venture in Zambia for a solar power project, which aligns with its strategic goals for international market expansion and sustainable development [24][36]. Financial Data - The financial reports for the third quarter of 2025 have been reviewed and approved by the board, confirming the accuracy and completeness of the financial information [12][13]. Investment Overview - The joint venture, named "郴电纳马伦杜新能源有限公司," will focus on the construction and management of a 10MW solar power project in Zambia, with an investment amount of approximately 4,342.53 million RMB (about 609.05 million USD) [24][26]. - The company will hold an 87% stake in the joint venture, while its partner will hold 13% [26][29]. Board Meeting Details - The seventh board meeting was held on October 24, 2025, where all resolutions, including the approval of the third-quarter report and the investment project, were passed unanimously [11][12][13][16]. Regulatory Compliance - The investment project requires compliance with local regulations in Zambia, including obtaining necessary approvals and licenses for foreign investment [24][38]. Corporate Governance - The company has revised its internal governance policies to enhance operational efficiency and compliance with relevant laws and regulations [40].
湖南郴电国际发展股份有限公司