SUNWAY(SZ:002469)2022-12-06 11:31Group 1: Project Overview - The company participated in the bidding for the "thermal storage system EPC" of the 50MW solar thermal power project, which is the first large-scale commercial solar thermal power station project in China [3] - The project has a planned installed capacity of 100MW, with the first phase being 50MW, utilizing parabolic trough solar thermal technology [3][4] - The project includes 190 parabolic trough collectors and a dual-tank molten salt thermal storage system capable of meeting the turbine generator's full-load power generation needs for 7.5 hours [3] Group 2: Market Potential and Advantages - China has abundant solar thermal resources, with a total power capacity exceeding 16,000GW across various provinces [3] - The cost of solar thermal power generation is expected to decrease to below 20 yuan per watt by the end of 2020, with generation costs approaching 1 yuan per kWh [4] - Solar thermal power offers controllable and stable energy output, making it a competitive alternative to intermittent sources like photovoltaics and wind power [4] Group 3: Environmental Technology Development - The company holds a 7.14% stake in Puyi Environmental Protection, which specializes in magnesium-based marine desulfurization technology [5] - Puyi Environmental Protection's equipment for ship exhaust treatment is compact, meets high emission standards, and has low operational costs, enhancing its market competitiveness [5] - The global market for ship exhaust treatment systems is projected to expand significantly, with 30%-40% of new ships expected to install exhaust scrubbers in 2016 [6] Group 4: Business Expansion and Strategy - The company has established Shanghai Zhishang E-commerce Co., Ltd. to extend its industrial chain into the internet sector, focusing on third-party petrochemical product trading [7] - Shanghai Zhishang aims to provide comprehensive e-commerce solutions for petrochemical clients, integrating online trading, payment settlement, logistics, and financing services [7] - The company is committed to external development as a key growth strategy, focusing on enriching its industrial chain, energy conservation, environmental protection, and new materials [7]