桂冠电力龙滩通航工程升级1000吨级项目启航 赋能西南发展

Core Viewpoint - Guangxi Guiguan Electric Power Co., Ltd. is advancing the construction of a 1000-ton navigation facility at the Longtan Hydropower Station, marking a significant upgrade from the previous 500-ton plan, which aligns with national strategic goals and enhances regional transportation infrastructure [1][2]. Group 1: Project Details - The Longtan Hydropower Station is a key project in the Red Water River basin and a symbol of the national western development initiative, with a total estimated investment of 5.346 billion yuan and a construction period of 69 months [1]. - The project is expected to commence by the end of December 2025 and achieve trial navigation conditions by September 2031 [1]. Group 2: Strategic Importance - The upgrade to a 1000-ton navigation standard is essential for the development of larger and standardized vessels, facilitating the connection between Southwest China and the Pearl River Delta, as well as Hong Kong and Macau [1]. - This project supports the construction of the new western land-sea corridor, enhancing the transportation system and aiding the development of mineral resources and tourism in the Southwest region [1]. Group 3: Company Performance and Commitment - Guiguan Electric Power has shown strong growth, with an installed capacity of 14.1777 million kilowatts as of mid-2025, over 70% of which is hydropower, while also expanding its wind and solar energy investments [2]. - The company maintains a stable dividend policy, with a payout of 0.2 yuan per share (including tax) from 2022 to 2024, reflecting an average dividend ratio of 82.83% over the past three years [2].