Core Viewpoint - China Starch (03838) has announced a construction contract for a thermal power plant with a total value of RMB 70 million, aimed at supporting its corn starch production facilities by providing stable steam supply [1] Group 1: Contract Details - The contract was signed on November 19, 2025, between the company's indirect non-wholly owned subsidiary, Deneng Jinyu Corn, and contractor Juneng Construction [1] - The construction services include building various structures and facilities for the thermal power plant located in Linqing City, Shandong Province, including the installation of a dual boiler system and high-efficiency steam turbine generator sets [1] Group 2: Strategic Importance - The thermal power plant is designed to meet the growing energy demand and reduce reliance on external suppliers, as indicated in a previous announcement dated February 20, 2025 [1] - The facility is expected to enhance operational efficiency and lower operating costs for Deneng Jinyu as the corn starch production facilities expand [1] Group 3: Regulatory Approval - Deneng Jinyu obtained the construction approval from the Shandong Provincial Development and Reform Commission in January 2025 [1] - The project aligns with the "14th Five-Year Plan" for electricity development issued by the Shandong Provincial Development and Reform Commission and the Shandong Provincial Energy Bureau in November 2023 [1]