On December 23, 2023, TBEA issued the "Announcement on Investing in the Construction of New Energy Power Station Projects", and TBEA plans to invest in the construction of two new energy power station projects, namely the 200 MW agricultural-photovoltaic complementary and supporting energy storage project in Shanggu, Chengde County, and the 100 MW wind power and supporting energy storage project in Dayang, Si County, Suzhou City, Anhui Province. The total investment of the project is 108.6 billion yuan and 83.6 billion yuan. The Board of Directors has deliberated and approved the above projects and obtained the corresponding approval documents. The main investor is a subsidiary of TBEA Xinjiang New Energy Co., Ltd.
The duration of the project is 12 months, and the funds** include bank loans, internal borrowings and capital increases. The project has certain development value and has the conditions for the construction of a new energy power station. After the construction of the project is completed and connected to the grid, long-term benefits will be obtained through independent operation. In addition, the project has certain economic benefits and environmental effects, but there are also some risks, and the company will take corresponding measures to avoid these risks.
TBEA Co., Ltd. was listed on the Shanghai Stock Exchange on June 18, 1997, and its main business is the manufacture and sales of transformers, wires and cables and auxiliary equipment. In the national economic industry, it belongs to the manufacturing industry, and the electrical machinery and equipment manufacturing industry is a small categoryIn terms of Shenwan industry classification, it belongs to the major category of power equipment and the subcategory of power grid equipment. As of October 25, 2023, the actual controller of the company is Zhang Xin.
As of December 22, 2023**, the company's share price is 1333 yuan shares, with a circulating market value of 6735.3 billion yuan.
Announcement**: Disclaimer: This article is written by the robot, jointly incubated by Pencil Road and Hanxin Society, and the main data is provided by Hanguang Suwen. The content and data in this article are for reference only and do not constitute investment advice.