Core Insights - China Electric Power Construction (601669.SH) has signed a significant contract worth approximately 6.994 billion RMB for the Mokolo-Crocodile River (West) water supply expansion project in South Africa [2] - The project involves a large-scale water diversion project with a designed annual water supply capacity of 75 million cubic meters and a total pipeline length of about 142 kilometers, with a construction period of approximately 48 months [2] Group 1: Strategic Developments - The company is focusing on the transformation of its power investment and operation business, emphasizing clean energy sources such as wind, solar, and hydropower [2] - By the end of 2024, the company is expected to have a total installed capacity of 33.1276 million kilowatts, representing a year-on-year growth of 22% [2] Group 2: New Projects and Contracts - As of the 2024 annual report, the company has built and is constructing new energy and storage projects with a total installed capacity of 47.42 million kilowatts, and has put into operation 22.63 million kilowatts [3] - In the first half of 2025, the company signed 4,588 new contracts with a total value of 686.699 billion RMB, marking a year-on-year increase of 5.83% [3] - Among the new contracts, 2,939 pertain to energy and power, amounting to 431.388 billion RMB, with water and wind power contracts seeing significant growth of 66.67% and 68.78% respectively [3]