Securities code: Hubei Energy Group Co.Ltd(000883) securities abbreviation: Hubei Energy Group Co.Ltd(000883) Announcement No.: 2022020 Hubei Energy Group Co.Ltd(000883)
On investment in the construction of 100MW agricultural light complementary power in Matoushan, Dongwan, Yicheng
Announcement of power station project
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Overview of investment
1. In order to implement the strategic deployment of Xi Jinping general secretary "carbon peak and carbon neutralization" and the objectives of the company's "14th five year plan", and further expand the company's new energy installation scale, Hubei Energy Group Co.Ltd(000883) (hereinafter referred to as the company) it is proposed that Hubei Energy Group Co.Ltd(000883) group Hanyi new energy Co., Ltd. (hereinafter referred to as Hanyi company), an indirect holding subsidiary of the company, will invest in the construction of Yicheng Dongwan 100000 kW photovoltaic power generation project (hereinafter referred to as Yicheng Dongwan project) with a total investment of no more than 471814700 yuan.
Since Hanyi company is a wholly-owned subsidiary of the company's wholly-owned subsidiary Hubei Energy Group Co.Ltd(000883) group Hanjiang Energy Development Co., Ltd. (hereinafter referred to as Hanjiang energy company), the capital of the investment project of 142 million yuan shall be solved by the registered capital allocated by the company to Hanjiang energy company, and other funds shall be provided by the company or raised by Hanjiang energy company.
2. The 17th meeting of the ninth board of directors of the company deliberated and approved the investment in the construction of Yicheng Dongwan Matoushan 100MW agricultural photovoltaic complementary power station project. The effective number of votes of the board of directors is 8, including 8 affirmative votes, 0 negative votes and 0 abstention votes.
The project has been filed.
3. This item does not constitute a related party transaction and does not belong to the major asset reorganization specified in the administrative measures for major asset reorganization of listed companies.
2、 Basic information of investors
Enterprise name: Hubei Energy Group Co.Ltd(000883) group Hanyi new energy Co., Ltd
Enterprise type: limited liability company (sole proprietorship of legal person invested or controlled by non natural person) enterprise domicile: No. 495 Chudu Avenue, Yicheng Economic Development Zone, Xiangyang City, Hubei Province
Legal representative: Tan Dajun
Registration time: April 2021
Registered capital: 3 million yuan
Main business scope: power generation, transmission and power supply; Hydropower; Power supply business; If the operation is allowed by national laws and regulations and no relevant license is set, the enterprise can choose its own business projects to engage in business activities (for projects that need to be approved according to law, business activities can be carried out only with the approval of relevant departments).
Major shareholder: Hubei Energy Group Co.Ltd(000883) group Hanjiang Energy Development Co., Ltd. (hereinafter referred to as Hanjiang energy company) holds 100%. Hanjiang energy company is not a dishonest person.
Up to now, Hanyi company has no business activities.
3、 Basic information of the project
Yicheng Dongwan 100000 kW photovoltaic power generation project is a phase I sub project of Yicheng new energy million KW base, located in Dongwan village, banqiaodian Town, Yicheng city, Hubei Province. The project is a ground photovoltaic power station, and the feasibility study estimates a static investment of 468059800 yuan and a dynamic investment of 471814700 yuan.
4、 Project investment purpose
Photovoltaic power generation is one of the more mature power generation methods of new energy development technology at present. Investing in this project can further expand the installed scale of the company's new energy, accelerate the transformation to clean, efficient and low-carbon energy, help to improve the guarantee ability of energy supply and enhance the functional positioning of the company's two platforms.
5、 Risks of this investment and its impact on the company
(I) risks of this investment
In this investment, there may be risks that the price rise of main equipment such as photovoltaic modules leads to increased project investment, the power generation fails to meet the expectations due to system efficiency and photovoltaic module quality, and the investment income fails to meet the expectations due to the fluctuation of spot market transaction price. The company will reasonably control the project cost, strengthen the equipment maintenance, reduce the equipment failure rate, and strengthen the follow-up marketing ability to ensure the profitability of the project.
(II) impact of investment in the project on the company
The investment and construction of Yicheng Dongwan 100000 kW photovoltaic power generation project is in line with the national industrial policy and the company's development plan, and can further expand the company's new energy installed capacity. The profit level during the operation period of the project increases year by year, which can effectively improve the company's business performance.
6、 Documents for future reference
1. Resolution of the 17th meeting of the ninth board of directors of the company.
It is hereby announced.
Hubei Energy Group Co.Ltd(000883) board of directors March 31, 2022
