Group 1 - The company announced an investment of 75 million yuan to its wholly-owned subsidiary, Guangzhou Hengrun Thermal Energy Group, to support the establishment of a project company, Guangxi Qinzhou Hengrun Energy Technology Co., Ltd. [1] - The project company will focus on the construction of the Smart Empowerment Chain Project in the Jinwo Industrial Park, Qin South District, Qinzhou City, with a registered capital of 78 million yuan [1] - The total investment for the first phase of the project is approximately 260 million yuan, and the project is planned to be developed in three phases [1] Group 2 - The investment aims to align with national renewable energy policies, promote the company's main business development, and enhance competitiveness [1] - The first phase will involve the construction of two 50t/h medium temperature and pressure circulating fluidized bed boilers and supporting facilities, with an expected return on investment of 8.05% [1]