Core Viewpoint - China Energy Construction Corporation is actively engaging with institutional investors regarding its major project, the Songyuan Hydrogen Energy Industrial Park, which is positioned as the world's largest integrated green hydrogen and ammonia project [2][3]. Group 1: Project Overview - The Songyuan Hydrogen Energy Industrial Park project has a total investment of 29.6 billion yuan and aims to construct 3 million kilowatts of renewable energy generation capacity, with an annual production capacity of 800,000 tons of green synthetic ammonia and green methanol [3]. - The first phase of the project commenced construction in September 2023, with plans to be operational by the end of 2025 [3]. Group 2: Policy Support - The project has been selected as a pilot for several national initiatives, including the first batch of green low-carbon advanced technology demonstrations by the National Development and Reform Commission and the first batch of green liquid fuel technology research and industrialization pilots by the National Energy Administration [4]. Group 3: Technological Innovations - The project employs innovative technologies, including the domestically first "green electricity direct supply chemical" technology and the "load-following" operational model, addressing the challenges of renewable energy fluctuations and chemical stability requirements [5]. - It has achieved four "world's best" and four "international leading" technological milestones, including being the largest integrated green hydrogen and ammonia project globally and the most flexible synthetic ammonia process [5]. Group 4: Financial Viability - The first phase of the Songyuan Hydrogen Energy project has a total investment of 6.9 billion yuan, with an internal rate of return on equity of no less than 7.02% and an overall investment payback period of approximately 14 years [7]. Group 5: Cost Control Advantages - The project benefits from three main cost control advantages: abundant wind and solar resources in the Songyuan area, favorable geographical conditions, and advanced technology that enhances energy efficiency, bringing green ammonia costs close to blue ammonia levels [8]. Group 6: Market Strategy - The company employs a "certification first, long-term contract locking" strategy to ensure market absorption of products, having obtained clean hydrogen certifications from several national governments and being shortlisted by multiple power generation companies [9]. Group 7: Future Project Pipeline - The company has a robust project pipeline, including the operational Lanzhou New Area Hydrogen Energy Industrial Park, the under-construction Shijiazhuang Luquan Hydrogen Energy project, and several other key projects in various stages of development [9]. Group 8: Strategic Vision - The company has established a comprehensive strategy for the hydrogen energy industry, focusing on the entire value chain from production to storage, transportation, and application, aiming to become a leading provider of integrated solutions in the green hydrogen sector [10]. Group 9: Innovation Achievements - The company has made significant innovations in the hydrogen energy field, applying for 65 core patents and establishing a leading domestic water electrolysis hydrogen production technology [11]. Group 10: Development Goals - During the 14th Five-Year Plan period, the company aims to transition from a traditional energy engineering firm to an integrated energy solution provider, focusing on new energy systems and hydrogen energy applications [13].
中国能源建设股份有限公司关于接待机构投资者调研活动的公告