Core Viewpoint - The investment in the 1.3 million kW wind power project in Xinjiang by China Shipbuilding Technology (中船科技) is aimed at enhancing the company's focus on its core business and integrating wind turbine equipment with power station systems, which is expected to improve economic benefits and market share [1][3]. Group 1: Project Overview - The total investment for the wind power project is approximately 57.12 billion yuan, with 11.42 billion yuan sourced from the company's own funds and 45.69 billion yuan from loans [1]. - The project will be developed in two phases, with the first phase involving a 750,000 kW capacity and a total investment of about 35.31 billion yuan [1][2]. - The project will utilize a mix of 6.25MW, 10MW, and 15MW turbine models and will include the construction of two 220kV booster substations [2]. Group 2: Company Strategy and Market Position - China Shipbuilding Technology has established a "investment-construction-operation-transfer" model, enhancing its competitive edge in the wind power sector [2]. - In 2024, the company secured development indicators for 4.0685 million kW of power stations, with 1.214 million kW under construction and 0.214 million kW connected to the grid [2]. - The successful completion of the project is anticipated to strengthen the company's business development framework and enhance profitability [3].

Core Points - The company aims to lead the wind power industry and promote green development, focusing on innovation and value creation [3][4] - The company has established a three-step strategic goal centered on wind power equipment and system integration [3][4] - The company has improved its corporate governance structure and enhanced compliance with regulations [4][5] - The company emphasizes timely and accurate information disclosure to strengthen the effectiveness of its board and management [4][5] - The company has actively managed investor relations and held regular performance briefings [5][6] - The company has ensured compliance in related party transactions to protect shareholder interests [6][7] - The company has optimized its equity structure and focused on its core business [7][8] - The company has reported on the performance of its supervisory board and independent directors, highlighting their roles in governance [8][11] - The company has prepared its annual report in accordance with regulatory requirements, ensuring the accuracy and completeness of financial information [35][36] - The company plans to distribute cash dividends based on its 2024 net profit, proposing a distribution of 0.30 yuan per share [38]