BJ ENERGY INTL (00686): Jiangmen Xinhui signs EPC contract.

BJ ENERGY INTL (00686) announces that on November 13, 2025, Jiangmen Xinhui (a subsidiary of the company, acting as the Employer) entered into an EPC contract with a consortium (led by China Energy Engineering Corporation Zhejiang Thermal Power (as the consortium leader) and China Energy Engineering Corporation Anhui Institute (as a consortium member) as the Contractor). According to the EPC contract, the consortium will provide EPC services to Jiangmen Xinhui for the construction of the EPC project. The contract price under the EPC contract is approximately RMB 328 million (inclusive of taxes). The consortium agrees to provide EPC services to Jiangmen Xinhui as the EPC Contractor for the construction of the EPC project. The EPC services under the EPC contract include all surveys, designs, equipment material procurement, construction, installation, testing, and acceptance work within the scope of the EPC project. The consortium will carry out the construction work and complete the EPC project according to the EPC contract, and will rectify any faults or defects in the EPC project during the one-year warranty period specified in the EPC contract. The Group has accelerated the development of large-scale clean energy and expanded the scale of renewable energy business, focusing on diversifying its business. The decision to sign the EPC contract is in line with national policies at a strategic level, aimed at promoting the construction of large-scale energy bases, especially in the context of distributed energy. This not only supports the government's goal of promoting energy diversification and sustainable development but also positions the company favorably in the evolving energy landscape. Furthermore, promoting energy structure diversification will allow the company to balance its investment portfolio through various energy sources, enhancing its flexibility and sustainability, and is expected to drive sustainable growth and create better returns for shareholders.