Core Viewpoint - The company plans to increase its capital investment in its wholly-owned subsidiary, Puding Power Company, by 1.334 billion yuan to support the construction of the Guizhou Energy Puding Power Plant project, which has a total investment of 6.67 billion yuan [1][2] Group 1: Investment Details - The capital increase of 1.334 billion yuan will be used for various project costs, including procurement of main equipment, EPC engineering costs, land acquisition, and other expenses [2] - The investment amount represents 12.8% of the company's most recent audited net assets, and does not require approval from the shareholders' meeting [2] Group 2: Project Overview - The Guizhou Energy Puding Power Plant project will consist of two 660MW high-efficiency supercritical coal-fired generating units, along with supporting facilities for flue gas dust removal, desulfurization, and denitrification [1] - The project has received necessary approvals from the Guizhou Provincial Energy Bureau and the Provincial State-owned Assets Supervision and Administration Commission [1] Group 3: Financial Status of Puding Power Company - As of June 30, 2025, Puding Power Company has total assets of 5.703 billion yuan, total liabilities of 4.706 billion yuan, and net assets of 999.7 million yuan, resulting in a debt-to-asset ratio of 82.51% [1] - For the first half of 2025, Puding Power Company reported revenue of 1.166 billion yuan and a net profit of 72.688 million yuan (unaudited) [1] Group 4: Company Strategy - The company focuses on integrated development in coal production, advanced coal power, and renewable energy generation, aiming to enhance energy security and clean energy supply capabilities [2] - The company plans to accelerate the development of renewable energy projects centered around the Panzhou and Anshun multi-energy complementary energy bases [2]