Core Viewpoint - The company has signed a construction contract for a smart microgrid project in the Democratic Republic of the Congo, marking its first large-scale investment in this area, with a total contract value of approximately $14.93 million [1] Group 1: Project Details - The contract was signed between the company's indirect subsidiary, Galaxy Energy, and the contractor, Wuhuang Company, for the Dizwa smart microgrid (solar storage) project [1] - The project aims to enhance the company's overall solution capabilities in the renewable energy mining sector and is significant for expanding its overseas renewable energy market [1] Group 2: Financial Aspects - Approximately 70% of the funds raised from a previous H-share placement (around HKD 168 million) will be allocated to the development of overseas photovoltaic and energy storage projects [1] - The successful implementation of this project aligns with the company's integrated strategy of "solar storage + transportation" [1] Group 3: Strategic Partnerships - The company has established a strategic partnership with China Fifteenth Metallurgical Construction Group Co., Ltd., the wholly-owned parent of Wuhuang Company, to jointly bid for this project [1] - Wuhuang Company possesses extensive experience and a good reputation in local mining construction and photovoltaic projects, which is beneficial for ensuring the smooth execution of the project [1]
博雷顿附属与承包人武黄公司订立迪兹瓦智能微电网(光储)项目建筑安装施工总承包合同