Core Viewpoint - Jilin Electric Power Co., Ltd. announced plans to invest in the construction of the Baicheng Phase II 2×66 MW coal power project, with a total investment of 5.698 billion yuan, which has been approved by the board of directors and awaits shareholder approval [1] Group 1: Project Overview - The project will consist of two 66 MW ultra-supercritical units equipped with smart power plant and environmental protection facilities, including flue gas desulfurization, denitrification, and efficient dust removal systems [2] - The project has a planned total investment of 5.698 billion yuan and an estimated construction period of 26 months, with an internal rate of return on capital of 8.32% and a post-tax internal rate of return of 4.69% [2] Group 2: Investment Purpose - The project is a key coal power supply project under both national and Jilin provincial plans, included in the national "14th Five-Year Plan," and aligns with national energy strategies, enhancing power supply security in Jilin province [3] Group 3: Company Impact - Jilin Electric Power Co., Ltd. has extensive experience in coal power construction and operation, and the Baicheng area offers competitive advantages such as short railway distances and low coal prices, which will enhance the company's profitability [5] - The investment will not impact the company's current profits, and the company will provide updates on the investment's progress [5]