Group 1 - The joint venture company will be established with Chenzhou Electric Water Investment holding 87% and Kafue Gorge Investment holding 13%, governed by Zambian law [1] - The Zambian solar project aligns with the company's green energy strategy and international expansion, aiming to alleviate local electricity shortages and optimize the power structure [1][2] - The project is expected to serve as a significant pilot for the company's overseas business, laying a solid foundation for further development in the African renewable energy market [1] Group 2 - Chenzhou Electric International reported a substantial increase in core financial indicators, with a 304% year-on-year growth in net profit excluding non-recurring items, supporting its overseas expansion [2] - The solar project in Zambia is characterized by a short construction period and high efficiency, which will enhance the company's revenue sources and operational experience in overseas compliance and cross-regional project management [2] - The African photovoltaic market is in a golden development period, with expectations of reaching 150GW of cumulative installed capacity by 2030, driven by favorable policies and increasing market demand [1]
郴电国际推进海外新能源业务布局