Zhongmin Energy (600163.SH): The Changle Offshore Centralized Unified Delivery Project has been approved.

Zhongmin Energy (600163.SH) announced that its holding subsidiary, Fujian Fuzhou Mintou Offshore Wind Power Hub Station Co., Ltd., recently received the approval letter from the Fujian Provincial Development and Reform Commission for the approval of the Changle Offshore Centralized Power Transmission Project (Min Development and Reform Network Energy Letter [2024] No. 200). The main approval items of this approval are as follows: 1. The project unit is Fujian Fuzhou Mintou Offshore Wind Power Hub Station Co., Ltd. 2. Project construction location: located in Songxia Town and its offshore waters in Changle District. 3. The main construction contents and scale of the project: to build a new output capacity of 2.1 GW, including building one 525 kV offshore flexible HVDC converter station, one onshore control center (including energy storage, with a capacity of 210,000 kW/420,000 kWh), one set of 525 kV HVDC cables, control protection, and construction auxiliary engineering. 4. The total investment of the project is 7.335 billion yuan, with the project's capital contribution accounting for 20% of the total investment. The shareholder composition and contribution ratio of the project are as follows: the project company is owned by the company accounting for 51%, Fujian Funei Haiyun Power Generation Co., Ltd. accounting for 15.17%, Huadian (Fuzhou) Offshore Wind Power Co., Ltd. accounting for 12.83%, Fujian Dongfu New Energy Co., Ltd. accounting for 7%, Fuzhou Changle Guomin New Energy Co., Ltd. accounting for 7%, and Fujian Huayi New Energy Technology Co., Ltd. accounting for 7%.