Zhi Tong Cai Jing·2025-12-05 09:57Core Viewpoint - China Power (02380) announced the signing of two engineering general contracting agreements with Shandong Institute for the Yuekou Fozishan and Ganyizhaoshi projects, with a total contract value of RMB 939 million (approximately HKD 1.032 billion) [1] Group 1: Project Details - The projects are located in rural areas rich in wind energy resources and are designated by the Hubei provincial government as pilot projects for the national rural energy revolution [1] - The projects aim to optimize the local energy structure, promote rural revitalization, and support the national commitment to achieving carbon peak by 2030 and carbon neutrality by 2060 [1] Group 2: Contracting Process - The contracts were awarded to Shandong Institute through a rigorous competitive public bidding process on China's procurement and bidding platforms [2] - The contract prices are consistent with or better than those offered by independent third parties for comparable market projects [2]