Yunda Co., Ltd. (300772.SZ) plans to invest 1.45 billion yuan to build a green power supply project for an industrial park in Fengzhen City with a capacity of 530,000 kilowatts (Phase 1).

Zhitong Finance APP reported that Yunda Co., Ltd. (300772.SZ) announced that the company plans to invest in the construction of a green power supply project for the 530,000-kilowatt industrial park in Fengzheng City, with its holding subsidiary, Fengzheng City Changda New Energy Co., Ltd. as the main body (Phase I) (project approval capacity of 264,500 kilowatts, including: wind power 214,500 kilowatts, photovoltaic 50,000 kilowatts) (referred to as the "Fengzheng Phase I Project"). The total investment for the Fengzheng Phase I Project is 1.45 billion yuan, of which 1.14 billion yuan will be raised through loans from financial institutions, accounting for about 80% of the total investment, with the remaining funds sourced through the companys own financing. The project has favorable wind and solar resource conditions, and the expected returns are promising, aligning with the company's development strategy. After the project is connected to the grid, it is expected to provide the company with long-term power generation revenue and enhance its profitability.