Stock Code: 002053 Stock Abbreviation: Yunnan Nengtou Announcement No.: 2026-040
Announcement on Investment in Construction of Dalongshan Wind Farm Project by Huaining Yunengtou New Energy Development Co., Ltd.
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
I. Project Investment Overview
On April 8, 2026, the fourth extraordinary board meeting of Yunnan Energy Investment Co., Ltd. (hereinafter referred to as the "Company") deliberated and approved the "Proposal on Investment in the Construction of Dalongshan Wind Farm Project by Huaining Yunengtou New Energy Development Co., Ltd." To firmly grasp strategic development opportunities and promote the strengthening, optimization, and expansion of the Company's new energy business, it was agreed that Huaining Yunengtou New Energy Development Co., Ltd. would invest in the construction of the Dalongshan Wind Farm Project. The project has an installed capacity of 56.25MW, with a total investment of RMB 349,244,000 (including working capital of RMB 1,687,500). The project's capital is calculated at 20% of the total investment, with the remaining funds to be raised through debt financing such as bank loans.
This project investment does not constitute a related-party transaction, nor does it constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies." It has been approved by the entity responsible for state-owned asset supervision. This investment matter falls within the authority of the Company's Board of Directors and does not require submission to the Company's shareholders' meeting for approval. The implementation of this project is subject to approval and relevant permits from government departments.
II. Basic Information of the Project Implementation Entity
According to the resolution of the tenth extraordinary board meeting of the Company in 2022, the Company established Huaining Yunengtou New Energy Development Co., Ltd. (hereinafter referred to as "Huaining Company") as a wholly-owned subsidiary in September 2022, responsible for the acquisition of new energy project resources and investment and development within Huaining County. The basic information of Huaining Company is as follows:
Name: Huaining Yunengtou New Energy Development Co., Ltd. Unified Social Credit Code: 91530424MAC0L2PT5J Type: Limited Liability Company (Wholly Foreign-Owned Enterprise) Legal Representative: Wang Zhi Registered Capital: RMB 70,000,000
Note: The fourth extraordinary board meeting of the Company in 2026 deliberated and approved the "Proposal on Capital Increase for Wholly-Owned Subsidiary Huaining Yunengtou New Energy Development Co., Ltd." Upon completion of this capital increase, Huaining Company's registered capital will be increased from RMB 70,000,000 to RMB 120,000,000.
Date of Establishment: September 28, 2022 Address: Shanhou Village, Xin Cun Village Committee, Panxi Town, Yuxi City, Yunnan Province Business Scope: Licensed Projects: Power generation, transmission, and supply (distribution) business (projects requiring approval according to law shall be carried out after approval by relevant departments; specific business projects are subject to the approval documents or permits of relevant departments). General Projects: Solar power generation technology services; wind power generation technology services; power generation technology services; technology services, technology development, technology consulting, technology exchange, technology transfer, technology promotion; wind farm related system research and development; new energy technology research and development; engineering management services; carbon reduction, carbon conversion, carbon capture, and carbon storage technology research and development; energy conservation management services (projects not requiring approval according to law can be independently operated with a business license).
The main financial indicators of Huaining Company for the most recent year and one period are as follows: