THVOW(SZ:002564) Xin Lang Cai Jing·2025-12-03 11:52Core Viewpoint - The company is set to hold its third extraordinary general meeting of shareholders on December 19, 2025, to review the proposal for the investment and construction of the Yumen Xinneng 300,000 kW "solar thermal + wind power integrated" project [1] Investment Details - The total dynamic investment for the project is not to exceed 1.918 billion yuan, with the solar thermal power plant investment capped at 1.107 billion yuan and the wind power plant investment capped at 811 million yuan [1] - Funding for the project will consist of 20% equity and the remainder will be secured through financing leases or loans [1] Financial Projections - The expected pre-tax and post-tax financial internal rate of return (IRR) for the total investment is projected to be 3.42% and 2.89%, respectively [1] Risks - The project faces risks related to technology, progress, returns, and financing [1]