Core Viewpoint - The company *ST Baoshi (000595)* is planning to invest in multiple energy storage projects through its subsidiaries, indicating a strategic focus on renewable energy and energy storage solutions [1] Investment Projects - The subsidiary Ningguo Yunzhongwei New Energy Co., Ltd. is set to invest approximately RMB 145.23 million in the Ningguo Yunzhongwei New Energy Co., Ltd. Ying Shui Qiao 80MW/160MWh energy storage project [1] - The subsidiary Ningguo Yun New Energy (Lingwu) Co., Ltd. plans to invest around RMB 372.98 million in the Lingwu Majia Tan 240MW/480MWh energy storage project [1] - The subsidiary Ningguo Yun New Energy (Yanchi) Co., Ltd. intends to invest about RMB 492.33 million in the Yanchi Gao Sha Wo 320MW/640MWh energy storage project [1]

Core Viewpoint - The company *ST Baoshi announced that its wholly-owned subsidiary, Ningguo Yunzhongwei New Energy Co., Ltd., plans to invest in the construction of an 80MW/160MWh energy storage project with an estimated total investment of approximately RMB 145 million [1] Investment Details - The funding sources for the project include local government special bonds, self-owned funds, and bank loans [1] - The project will consist of an 80MW/160MWh energy storage system, which includes 8 sets of 5MW/5MWh and 8 sets of 5MW/15MWh storage units [1] - The total construction period for the project is approximately 6 months [1] Financial Metrics - The project's financial internal rate of return (after tax) is 2.54% [1] - The capital internal rate of return is 2.52% [1] - The project investment payback period is 18.66 years [1] - The total investment return rate is 2.02% [1] - The net profit margin on capital is 3.68% [1]