NORINCO International(000065)2024-12-03 11:38Group 1: Key Projects and Contributions - North International has been involved in several landmark projects along the "Belt and Road" initiative, including the Lahore Orange Line project in Pakistan, which is the first large-scale urban rail transit project officially launched under this framework [1] - The company is also engaged in the Ethiopia-Djibouti railway project, the first modern electrified railway in Africa, and the gold mining project in Nigeria, which is the first large-scale mining project in the country [2] - Recent EPC projects, such as the Ethiopia power transmission line and the Laos road project, have significantly contributed to local economic and social development [2] Group 2: Future Outlook and Planning - The company aims to continue adhering to the high-quality development requirements of the "Belt and Road" initiative, focusing on infrastructure connectivity and accelerating the layout of new energy and low-carbon projects [2] - Plans include enhancing management, design, and technological innovation capabilities to strengthen "soft power" output and optimize resource allocation [2] Group 3: Recent Operational Updates - The Senj Wind Power Project in Croatia has achieved permanent commercial operation as of September, with average electricity prices around €81/MWh, higher than the project's feasibility study level [2] - The project has initiated its first service as part of a virtual power plant and is expected to enhance profitability through green electricity revenue [2] - The company has signed a contract for a 99MW photovoltaic project in Croatia, becoming the largest EPC contractor for solar power in the region, showcasing its competitiveness in the Central and Eastern European market [2]