Elion Clean Energy Company Limited(600277) announced that the company plans to invest in Gansu Yiheng by stages, with a cumulative investment of no more than 600 million yuan, for the development of Wuwei photovoltaic desertification control project; It is proposed to invest in photohydrogen by stages, with a cumulative investment of no more than 150 million yuan, for the development of Mengxi photovoltaic desertification control project.
After this foreign investment in Gansu Yiheng, Gansu Yiheng is included in the scope of the company’s merger. After the grid connected power generation of Wuwei photovoltaic desertification control project, it is expected to have a positive impact on the company’s future operating revenue and operating results. This foreign investment in phosgene will not lead to changes in the company’s consolidation scope. After the grid connected power generation of Mengxi photovoltaic desertification control project, it is expected to have a positive impact on the company’s future operating results.
(Shanghai Securities News · China Securities Network)
