Core Viewpoint - The company plans to invest in a public combined heat and power project with a total investment of 1.122 billion yuan, which is expected to generate significant electricity and heating output once completed [1] Group 1: Project Details - The project will be constructed by the company's wholly-owned subsidiary in Haining Jian Shan New District [1] - The total investment for the project is 1.122 billion yuan, with a construction period of 2 years [1] - Upon completion, the project is expected to provide an annual electricity supply of 44.25 million kWh and heating supply of 890.40 million GJ in normal years [1] Group 2: Approval and Risks - The project requires approval from the shareholders' meeting, indicating a need for further governance processes [1] - There are potential risks associated with land bidding, approvals, funding, and market conditions that could impact the project's execution [1]
万凯新材:拟11.22亿元投资建设公用热电联产项目