Core Viewpoint - China Power Construction Corporation (China Power) has signed contracts for two solar photovoltaic projects in Saudi Arabia, totaling approximately 11.72 billion RMB, showcasing its comprehensive service capabilities and international business expansion [1]. Group 1: Project Contracts - China Power's subsidiaries have formed a consortium with Saudi Afif Renewable Energy Company to sign contracts for the Afif 1 and Afif 2 solar photovoltaic IPP projects, with contract amounts of approximately 5.843 billion RMB and 5.876 billion RMB respectively, totaling 11.719 billion RMB [1]. - The projects are located in Afif Town, Riyadh Province, Saudi Arabia, and involve the construction of a 2000MW solar field, substations, transmission lines, and related infrastructure, with a contract duration of 26 months [1]. Group 2: Recent Business Performance - In the first eight months of the year, China Power reported a steady growth in new orders, with a total of 5,636 new projects and a total contract amount of 800.8 billion RMB, representing a year-on-year increase of 4.71% [2]. - The company saw significant growth in new wind power projects, with 811 projects amounting to 166.3 billion RMB, a year-on-year increase of 61.27%, while solar power projects decreased by 27.55% [2]. - The overseas business of China Power grew substantially, with contract amounts reaching 179.8 billion RMB, a year-on-year increase of 21.90%, significantly outpacing the domestic business growth of 0.61% [2]. Group 3: Industry Position - China Power is responsible for over 80% of river planning and more than 65% of large and medium-sized hydropower station construction in China, and it leads over 50% of the global market for large and medium-sized water conservancy and hydropower construction [3]. - The company also undertakes over 60% of wind and solar power engineering planning and construction tasks in China, highlighting its dominant position in the renewable energy sector [3].

Core Viewpoint - China Energy Construction Co., Ltd. has signed three new energy general contracting agreements with a consortium involving Saudi companies, totaling approximately $2.745 billion, equivalent to about 19.554 billion RMB [1] Group 1 - The consortium includes subsidiaries of China Energy Construction, namely China Energy Construction International Group Co., Ltd., China Energy Construction Group Guangdong Thermal Power Engineering Co., Ltd., and Northwest Electric Power Design Institute [1] - The project partners from Saudi Arabia include Saudi International Power and Water Company, Saudi Public Investment Fund, and Saudi Aramco Power Company [1] - The total contract amount of approximately $2.745 billion reflects a significant investment in renewable energy projects [1]

中国电建10月10日晚间公告，公司下属子公司中国水电建设集团国际工程有限公司、中国电建集团华东 勘测设计研究院有限公司与中国电力建设集团有限公司组成联合体，与沙特阿菲夫可再生能源公司签订 了沙特阿菲夫1光伏IPP项目及沙特阿菲夫2光伏IPP项目合同，合同金额折合人民币分别约58.43亿元、 58.76亿元。两个项目均位于沙特中部地区利雅得省阿菲夫镇，工程范围为：修建2000MW光伏场区、 33/132kV场区升压站、132kV送出线路、电网站的部分连接设施和接口设施、连接道路等。合同工期均 为26个月。 ...

Core Viewpoint - Shuangliang Energy has won a bid for the Hebei Jingyuan Thermal Power Expansion Project, which is expected to contribute approximately 4.19 billion yuan to the company's revenue in 2024, representing 3.21% of its audited operating income for that year [1] Group 1 - The project involves the EPC general contracting of a surface condenser indirect cooling system for two 1000MW thermal power generation units [1] - The winning consortium includes Shuangliang Energy as the leading partner, along with China Construction Research Institute Co., Ltd. and Henan Second Construction Group Co., Ltd. [1] - The bid amount of 4.19 billion yuan is a significant addition to the company's projected revenue for 2024 [1]

Core Viewpoint - The aging population and the deepening of the Beijing-Tianjin-Hebei coordinated development are accelerating the growth of elderly care services, with a focus on integrating ecological health care and rural revitalization [1][2] Group 1: Company Initiatives - China Electric Power Construction (CEPC) is developing the Beijing Valley project in the Yanshan region to meet the market demand for high-quality elderly care, focusing on a full-service chain from prevention to rehabilitation and care [1] - The project aims to create a health service network that covers all age groups, with a particular emphasis on the elderly [1] - The CEPC rehabilitation center integrates emergency, rehabilitation, and health check-up functions, equipped with professional equipment and multidisciplinary teams to handle common illnesses and assist with emergencies [1] Group 2: Technological Integration - A smart health management platform has been established to create a closed loop of "monitoring-analysis-intervention," allowing real-time health data uploads from residential devices [1] - The health manager provides medication reminders and lifestyle suggestions based on health profiles formed from health check reports and daily habits [1] Group 3: Community and Economic Impact - The project promotes a win-win model among enterprises, village collectives, and farmers, transforming traditional agricultural villages into culturally and tourism-oriented villages [2] - CEPC's approach emphasizes sustainable development rather than short-term solutions, aiming to convert professional capabilities into tangible benefits for the community [2] - The upcoming full operation of the CEPC rehabilitation center and the upgrade of the smart elderly care system will enhance the efficient connection between health data and medical resources [2]

Group 1 - Wang Bin, the Vice Chairman and General Manager of China Power Construction Corporation, has resigned due to retirement age, effective September 23, 2025, which is earlier than the originally scheduled date of August 22, 2027 [1][2] - The resignation will not result in the board of directors falling below the legal number of members, and the resignation takes effect upon delivery of the resignation report to the board [4] - The board expressed gratitude for Wang Bin's contributions during his tenure as a director, vice chairman, general manager, and committee member [4] Group 2 - Wang Bin has completed the necessary work handover in accordance with company regulations [4] - The company assures that the announcement contains no false records, misleading statements, or significant omissions [2] - There are no pending public commitments that Wang Bin has not fulfilled in relation to his positions [2]

Core Points - Wang Bin, the Vice Chairman and General Manager of China Power Construction Corporation, has retired due to age reasons, submitting his resignation to the board of directors [1] - His original term was set to end on August 22, 2027, but he will no longer hold any positions in the listed company or its subsidiaries after retirement [1] - The board expressed gratitude for Wang Bin's contributions during his tenure, and the resignation has been effective since it was delivered to the board [1] Summary by Sections - **Retirement Announcement** - Wang Bin has submitted a written resignation report to the board of directors due to age [1] - The announcement was published on September 25 [1] - **Tenure and Transition** - Wang Bin's term was originally scheduled to last until August 22, 2027 [1] - There are no outstanding public commitments that he has not fulfilled [1] - His departure will not reduce the number of board members below the legal requirement, and the work handover has been completed [1]

9月23日，浙江天台抽水蓄能电站的输电铁塔间在进行500千伏送出工程的输电线路架设施工（无人机照片）。 9月23日，在浙江台州坦头镇，浙江省送变电工程有限公司施工人员操作牵张机进行导地线展放工作。 9月23日，在浙江台州坦头镇，浙江省送变电工程有限公司施工人员操作牵张机进行导地线展放工作。 9月23日拍摄的浙江天台抽水蓄能电站内完成安装调试的开关站GIS室。 9月23日拍摄的浙江天台抽水蓄能电站的开关站（右下）、输电铁塔以及下水库（无人机照片）。 9月23日，在浙江天台抽水蓄能电站的开关站，施工人员在进行500千伏送出工程的输电线路架设（无人机照片）。 ...

Core Points - The construction mobilization meeting for the ±800 kV UHVDC project from Southeast Tibet to the Guangdong-Hong Kong-Macao Greater Bay Area has been held, marking the start of the world's largest flexible DC transmission project in terms of transmission capacity, technology level, and investment scale [1][4] - The project is characterized by its "super high, super long, and super large" features, being the first UHV project to cross three geographical plateaus in China [4][5] Group 1: Project Overview - The project has a rated capacity of 10 million kilowatts, making it the strongest in the world in terms of transmission capacity [4] - Approximately 90% of the project route is mountainous, with 30% in high mountain ranges, indicating the challenging construction environment [4][5] - The total investment for the project is around 53.2 billion yuan, with an additional investment of over 150 billion yuan for supporting renewable energy bases [4][5] Group 2: Environmental Impact - Once completed, the project is expected to deliver over 43 billion kilowatt-hours of clean electricity annually to the Guangdong-Hong Kong-Macao Greater Bay Area, equivalent to half of the annual output of the Three Gorges Dam [4][5] - The project will significantly reduce carbon dioxide emissions by approximately 33 million tons and replace about 12 million tons of standard coal consumption [4] Group 3: Economic Implications - The project is anticipated to create over 100,000 direct jobs during peak construction, contributing positively to the economic and social development of Tibet [4][5] - The integration of hydropower, wind power, and solar power in the supporting energy bases is expected to stimulate growth in related upstream and downstream industries [4][5]

Core Viewpoint - China Electric Power Construction (601669.SH) announced that from January to August 2025, the company signed a total of 5,636 new projects with a contract amount of 800.797 billion yuan, representing a year-on-year increase of 4.71% [1] Summary by Category - **Project Quantity** - The company signed 5,636 new projects from January to August 2025 [1] - **Contract Amount** - The total contract amount for new projects reached 800.797 billion yuan [1] - **Year-on-Year Growth** - The new contract amount increased by 4.71% compared to the same period last year [1]