Investment Overview - The company plans to increase its investment in its wholly-owned subsidiary, Hebei Gaosu Tianyue New Energy Co., Ltd., by 135 million yuan to support the construction and operation of the 200MW wind power project in Chengde, Hebei [2][3][6] - The total investment for the project is approximately 1.13 billion yuan, with the company considering additional funding through self-owned funds and project loans [2][8] Subsidiary Information - Tianyue Company was established on March 22, 2024, with a registered capital of 15 million yuan, fully owned by the company [5] - As of December 31, 2024, Tianyue Company had total assets of 2 million yuan, with no revenue or net profit reported [5] Project Details - The project will have an installed capacity of 200MW, consisting of 32 wind turbines with a capacity of 6.25MW each, and will include a 220kV booster station [8] - The project is included in the first batch of the 2024 wind and solar power development plan in Hebei Province and has received initial approval from local authorities [8] Impact on the Company - The investment in the wind power project is expected to enhance the company's capabilities in the renewable energy sector, optimize its industrial structure, and improve profitability and market influence [9] - This project is seen as a key initiative for the company to expand its business in the renewable energy field and increase shareholder returns [9]

Core Viewpoint - The company plans to invest 135 million yuan in its wholly-owned subsidiary, Tianyue Company, to construct and operate a 200MW wind power project in Chengde, Hebei, with a total investment of approximately 1.13 billion yuan [1] Group 1 - The capital increase will raise Tianyue Company's registered capital to 150 million yuan, with the company retaining a 100% ownership stake [1] - The board of directors has approved the proposal, which does not require shareholder approval and does not constitute a related party transaction or a major asset restructuring [1] - The project has received the necessary approvals and is scheduled to be completed and put into operation by the end of 2027, although it may face risks related to policies and approvals [1]