开山股份签署肯尼亚绿氨项目相关合同 项目总投资预计8亿美元

Core Viewpoint - Kaishan Co., Ltd. has signed a steam supply agreement with KenGen for a geothermal power project in Kenya, with a total investment of approximately $800 million, aiming to produce green ammonia and fertilizers [1][2] Group 1: Project Details - The project involves the construction of a geothermal power plant with a capacity of 165.4 MW and a chemical facility capable of producing 100,000 tons of green ammonia annually [1] - The project company plans to purchase low-cost electricity from the national grid to increase total green ammonia production capacity to 200,000 tons per year [1] - Upon reaching full production, the project is expected to yield 180,000 tons of green urea and 300,000 tons of calcium ammonium nitrate, with most sales guaranteed by the Kenyan Ministry of Agriculture [1] Group 2: Financial Projections - The total investment for the project is estimated at $800 million, with projected annual revenue between $220 million and $250 million [1] - The operational period of the project is expected to exceed 25 years [1] Group 3: Company Operations and Performance - Kaishan Co., Ltd. specializes in the research, development, manufacturing, and sales of compressors, as well as geothermal resource exploration and development [3] - In Q3 2025, the company reported revenue of 1.19 billion yuan, a year-on-year increase of 10.45%, and a net profit of 114 million yuan, up 166.33% [3] - For the first three quarters of 2025, the company achieved revenue of 3.44 billion yuan, reflecting a year-on-year growth of 10.65%, and a net profit of 304 million yuan, an increase of 38.05% [3]