XC-TECH(SZ:300139)2022-12-08 09:16Group 1: Project Development and Financials - The total investment for the 20MW solar power station project is estimated to be between 130 million to 150 million RMB, with an expected annual revenue of approximately 5 million USD, allowing for cost recovery in about 5 years [3]. - The company acknowledges the challenges faced in the ECG project due to discrepancies between the provided and actual line maps, but expects to complete renovations for 170,000 to 200,000 households by the end of the year [4]. - The company plans to continue expanding its overseas market and gradually export its technology [5]. Group 2: Strategic Growth and Market Expansion - The company is exploring opportunities in stable countries with predictable project returns, indicating potential expansion beyond Ghana [3]. - Future growth points include participation in domestic bidding for the State Grid and expansion into integrated circuit design and applications [4]. - The company is considering new projects in countries like South Africa, Côte d'Ivoire, and Sierra Leone, contingent on political stability and other factors [5]. Group 3: Financial Health and Capital Management - The company’s financial status is strong, with sufficient funds to meet operational needs, and the recent targeted issuance aims to enhance liquidity for business development [5]. - The company holds a significant amount of USD assets, which is beneficial given the depreciation of the RMB against the USD [4]. - There are no current plans for acquisitions due to high prices, but future mergers may be considered if opportunities arise with reasonable pricing [6].