GDPD(SH:600795) Ge Long Hui A P P·2025-12-29 10:58Core Viewpoint - The company has approved the investment and construction of the Dadu River Danba Hydropower Station project, which is part of a larger hydropower plan in Sichuan Province [1] Project Details - The Danba Hydropower Station is located in Danba County, Ganzi Tibetan Autonomous Prefecture, Sichuan Province, and is the 9th stage of the 28 planned hydropower stations on the Dadu River [1] - The installed capacity of the project is 1.15 million kilowatts, featuring four 275,000-kilowatt mixed-flow turbine generator units and one 50,000-kilowatt ecological unit [1] - The project received approval from the National Development and Reform Commission in November 2025 and has obtained necessary supportive documents such as site selection, environmental assessment, and land use [1] Investment Structure - The project will be developed and operated by a joint venture, Guoneng Dadu River (Danba) Hydropower Development Co., Ltd., which is co-established by the company's subsidiary Dadu River Company, Sichuan Tieneng Power Development Co., Ltd., and CATL, with shareholding ratios of 56.11%, 33.89%, and 10% respectively [1] - The total dynamic investment for the project is 15.273 billion yuan, with a capital contribution ratio of 30%, while the remaining funds will be secured through bank loans [1] - Based on the dynamic total investment and the shareholding ratio in the project company, Dadu River Company will directly invest 2.571 billion yuan in the construction and management of the Danba Hydropower Station [1]