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On June 9th, CSSC Offshore & Marine Engineering (Group) Co., Ltd. made an announcement stating that, in line with the developmental requirements of its core business operations, its subsidiary companies are set to invest in and undertake the construction of three wind farm projects. These include a 300,000 kW project in Qinhuangdao, a Phase I 300,000 kW project in Gannan County, Qiqihar, and a 150,000 kW project in Yizhou Fulongyou, Guangxi. The cumulative investment for these projects is estimated to be approximately 4.149 billion yuan. Specifically, the Qinhuangdao project will require an investment of roughly 1.704 billion yuan, the Gannan Phase I project around 1.533 billion yuan, and the Fulongyou project about 912 million yuan. It's important to note that these projects are still pending approval from the shareholders' meeting.
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