GDPD(SH:600795) Zheng Quan Shi Bao Wang·2025-12-12 09:05Core Viewpoint - The announcement highlights the establishment of a new energy company, Guoneng Jianbi (Jiangsu) Energy Co., Ltd., to invest in and manage the expansion project of the Jianbi Power Plant, indicating a significant investment in coal-fired power generation in Jiangsu province [1] Group 1: Project Details - The project, referred to as Jianbi Phase VIII, involves an investment of 7.218 billion yuan [1] - It will construct two 1 million kilowatt ultra-supercritical reheat coal-fired generating units on the site of four decommissioned 330,000 kilowatt units [1] - The project has received necessary approvals, including land pre-examination and water conservation documents, and is expected to be approved by the Jiangsu Provincial Development and Reform Commission by June 2025 [1] Group 2: Company Structure - The new company is a joint venture between State Power Investment Corporation's subsidiary, Beijing Guodian Power, and Zhenjiang Yuding Huineng Investment Development Co., Ltd., with a 90% to 10% ownership structure [1]