Core Viewpoint - The company plans to invest in the second phase of the Maoming Changqing cogeneration project and associated pipeline engineering, with a total estimated investment of 571 million yuan [1] Investment Details - The total investment for the cogeneration project phase two is approximately 200 million yuan, while the associated pipeline engineering is estimated at around 371 million yuan [1] - The investment aims to meet the steam demand from China Petroleum & Chemical Corporation's Maoming branch, which is expanding its production and its downstream industries [1]