Guangdong No.2 Hydropower Engineering Company Ltd(002060)
About investing in the construction of Guangdong No.2 Hydropower Engineering Company Ltd(002060) Bolian Town, Lingao County, Hainan Province
Announcement of 60MW agricultural (vegetable basket project) optical composite project
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
In order to expand clean energy power generation business, expand the scale of clean energy power generation business and improve profit level, Guangdong No.2 Hydropower Engineering Company Ltd(002060) (hereinafter referred to as “the company”) plans to invest in the construction of 60MW agricultural (vegetable basket project) optical composite project in Guangdong No.2 Hydropower Engineering Company Ltd(002060) Bolian Town, Lingao County, Hainan Province by a wholly-owned subsidiary, Southeast Guangdong No.2 Hydropower Engineering Company Ltd(002060) Investment Co., Ltd. (hereinafter referred to as “Southeast Guangdong No.2 Hydropower Engineering Company Ltd(002060) “), The total investment of the project is 356425800 yuan.
1、 Investment overview
The company plans to invest in the construction of 60MW agricultural (vegetable basket project) light composite project in Guangdong No.2 Hydropower Engineering Company Ltd(002060) Bolian Town, Lingao County, Hainan Province by Southeast Guangdong No.2 Hydropower Engineering Company Ltd(002060) . The project is an agricultural light composite project. The project land is the land for the vegetable basket project in Hainan Province. The project needs to build an agricultural greenhouse with an area of about 500 mu. The total investment of the project is 356425800 yuan, including 12151400 yuan for the construction of agricultural greenhouses. The capital of the project accounts for 20%. Southeast Guangdong No.2 Hydropower Engineering Company Ltd(002060) will invest with its own funds and loans from financial institutions according to the progress of the project.
The 60MW agricultural (vegetable basket project) optical composite project in Guangdong No.2 Hydropower Engineering Company Ltd(002060) Bolian Town, Lingao County obtained the Filing Certificate of enterprise investment projects in Hainan Province (project code: 2107-460000-04-01-550530) in July 2021 and obtained the photovoltaic construction index of Hainan Province; In October 2021, Hainan Power Grid Co., Ltd. obtained the letter on Approving the access system scheme of 60MW agricultural (vegetable basket project) optical composite project in Guangdong No.2 Hydropower Engineering Company Ltd(002060) Bolian Town, Lingao County (Hainan power grid letter [2021] No. 281) and agreed to the project access.
On January 13, 2022, the company held the 21st Meeting of the 7th board of directors, deliberated and adopted the proposal on investment and construction of 60MW agricultural (vegetable basket project) optical composite project in Guangdong No.2 Hydropower Engineering Company Ltd(002060) Bolian Town, Lingao County, Hainan Province with 9 affirmative votes, 0 negative votes and 0 abstention. The investment does not need to be approved by the general meeting of shareholders.
The investment does not constitute a connected transaction, nor does it constitute a major asset reorganization as stipulated in the administrative measures for major asset reorganization of listed companies.
2、 Overview of investors
1. Name: Southeast Guangdong No.2 Hydropower Engineering Company Ltd(002060) Investment Co., Ltd.
2. Address: shopping mall on the first floor of Fuxiang garden, No. 59, second east Haidian Road, Haikou City. 3. Type: limited liability company (sole proprietorship of legal person invested or controlled by non natural person).
4. Date of establishment: March 28, 2014.
5. Legal representative: Chen Peng.
6. Registered capital: 500 million yuan.
7. Business scope: industrial project investment, energy investment and development, electromechanical equipment installation, power facility installation, repair, test, technology development, consulting services, labor services (except labor dispatch), engineering construction, etc.
8. Property right and control relationship of Southeast Guangdong No.2 Hydropower Engineering Company Ltd(002060) .
9. Southeast Guangdong No.2 Hydropower Engineering Company Ltd(002060) is not a dishonest person.
3、 Basic information of investment project
For the investment and construction of the project, Southeast Guangdong No.2 Hydropower Engineering Company Ltd(002060) hired Hunan Beijing Dynamic Power Co.Ltd(600405) Electric Power Survey and Design Co., Ltd. to conduct a feasibility study on the project and issued the feasibility study report on 60MW agricultural (vegetable basket project) optical composite project in Guangdong No.2 Hydropower Engineering Company Ltd(002060) Bolian Town, Lingao County. The basic information of the project is as follows:
1. The construction site of the project is located in Meizhu village, Bolian Town, Lingao County, Hainan Province. The site is about 3.5km away from Lingao County and 58km away from Haikou City. The average altitude of the site is about 50m. The central coordinate of the site is 109.653 ° E and 19.894 ° n. the site is relatively flat. The total annual solar radiation of the project location is 5606.2mj/m2. The project location belongs to the Cecep Solar Energy Co.Ltd(000591) resource rich level (Level B). 2. The planned installed capacity of the project is 60MW, and 132384 540wp single crystal double-sided double glass modules are adopted, which are divided into 19 sub array units and 19 3150kva box transformers; According to the code for efficiency of photovoltaic power generation system (Nb / t10394-2020) issued by the national energy administration, in order to reduce the overall investment and make full use of the land obtained, the capacity ratio is set on the DC side of the project. Through calculation, the capacity ratio coefficient of 1.2 is adopted. The DC side includes 19 3.15mw square arrays, and the actual installation scale is 71.48736mw. Build a 110kV booster station.
3. The total power generation capacity of the power generation system of the project in 25 years is about 2236360500 kwh, the annual average power generation capacity is 89454400 kwh, the effective utilization hours without attenuation in the first year is 1348h, and the equivalent utilization hours in 25 years is 1251.33h.
4. The total construction period of the project is about 10 months, the static investment of the project is 349574200 yuan, and the static investment per kilowatt is 4890.01 yuan / kWp; The dynamic investment of the project is 356425800 yuan, and the dynamic investment per kilowatt is 4985.86 yuan / kWp.
5. The on grid price of the project is 0.4298 yuan / kWh (including tax). The financial internal rate of return of all investment is 6.21% (after tax), the financial internal rate of return of capital is 8.63% (after tax), and the investment payback period is 12.73 years. The financial evaluation is feasible. 4、 Purpose of investment, existing risks and impact on the company
This investment is to expand the company’s clean energy power generation business, expand the scale of clean energy power generation business and improve the profit level.
The risk that the price rise of photovoltaic modules and the replacement of electric cells of energy storage system may lead to the increase of project investment cost.
After the project is completed and put into operation, it is expected to achieve certain economic benefits and improve the future business performance of the company and Southeast Guangdong No.2 Hydropower Engineering Company Ltd(002060) .
5、 Other instructions
Up to now, the total installed capacity of the photovoltaic power generation project completed and put into operation by the company is 606.38mw, and the company will disclose the progress of the project in time.
6、 Documents for future reference: resolutions of the 21st Meeting of the 7th board of directors. It is hereby announced.
Guangdong No.2 Hydropower Engineering Company Ltd(002060) board of directors January 14, 2022
