Is it true that 222 hydropower company has made tens of billions of moves?
1 billion yuan will be invested in the pumped storage power station project of Baiyantan Reservoir! Re-enlargement of Guangdong Hydropower, the "traditional water conservancy and hydropower leader" with a market value of less than 1 billion. So today, Xiaobian is here to sort out the relevant knowledge of the fund for everyone. Let's take a look!
The total investment of the proposed reservoir pumped storage power station project of Guangdong Hydropower Station is about 1 billion yuan
On the evening of July 25th, Guangdong Hydropower Station announced that on July 25th, 222, the company and the people's government of Xuanhan County, Dazhou City, Sichuan Province signed the Investment Promotion Agreement of Baiyantan Reservoir Pumped Storage Power Station Project of Xuanhan County People's Government Guangdong Hydropower Second Bureau Co., Ltd. and the Supplementary Agreement for Investment Promotion of Baiyantan Reservoir Pumped Storage Power Station Project of Xuanhan County People's Government Guangdong Hydropower Second Bureau Co., Ltd.
the people's government of xuanhan county agrees that the company will invest in the Baiyantan reservoir pumped storage power station project in its territory, with an estimated installed capacity of 1.2 million to 1.6 million kW (subject to the approved installed capacity of the project), with a total investment of about 1 billion yuan. The company will use its own funds and loans from financial institutions for investment.
the project is planned to start construction within 18 months after the establishment of the project company, and complete the project construction task within five years after the project starts construction, and pass the acceptance test, and the power generation will be connected to the grid.
Guangdong Hydropower said that the company has rich experience in investing in clean energy power generation projects, advanced technology, sufficient personnel and financial support, and the ability to fulfill the agreement. The performance of the agreement will not affect the independence of the company's business, and the company's main business will not be dependent on the Xuanhan County People's Government because of the performance of the agreement.
Guangdong Hydropower indicated that the agreement is a framework agreement for investment; The quantity involved in this agreement is the cooperation goal of both parties, and the actual situation shall be subject to the actual occurrence in the future; The implementation of the pumped storage power station project must be approved by the Sichuan Development and Reform Commission, so there is some uncertainty in the implementation of the agreement. The signing of the agreement will not have a significant impact on the company's operating performance in 222.
frequent shots and investment layout
It is worth mentioning that at the end of June, Guangdong Hydropower just "joined hands" with Dayou Agriculture, and plans to invest no more than 3 billion yuan to establish a clean energy industry fund.
On June 3th, Guangdong Hydropower announced that it had signed a Framework Agreement with Dayou Agriculture (Beijing) Co., Ltd. on * * * participating in the establishment of a clean energy industry fund. Both parties agree to reach a framework agreement on * * * participating in the establishment of clean energy industry fund. The industrial fund to be established by both parties is planned to be a limited partnership with a total planned scale of 1 billion yuan, which will be implemented by stages. The company is planned to be a limited partner of the industrial fund, and its subscribed capital contribution shall not exceed 3% of the total scale of the industrial fund.
The announcement shows that the company is mainly engaged in engineering construction and clean energy investment and development; Dayou Agriculture is promoting the development of comprehensive industrial parks of agriculture and animal husbandry in Qinghai and other places to promote the rural revitalization in the western region. The two sides set up industrial funds through cooperation, and with the help of agricultural resources and advantages, vigorously develop various clean energy projects such as photovoltaic power generation and wind power generation in Qinghai and other western regions.
In addition, on May 3th, Guangdong Hydropower Company plans to invest 1 billion yuan to build a 2 million kilowatt "photovoltaic+"demonstration park project. Xinjiang Yueshui Power, a wholly-owned subsidiary of the company, will invest in the construction of 2 million kilowatts photovoltaic power station, supporting energy storage, booster station and other facilities and equipment in awat, and carry out sand control, agriculture, science and technology innovation, tourism and other projects in combination with photovoltaic construction, with a total investment of about 1 billion yuan.
in addition, the recent good news of Guangdong hydropower keeps coming. On July 25th, Guangdong Hydropower announced that the company had received a report from its wholly-owned subsidiary, Xinjiang Yuehydropower Energy Co., Ltd. (hereinafter referred to as "Xinjiang Yuehydropower"). On July 22nd, all units of the 5MW wind farm project invested and built by Hami Yuehydropower Energy Co., Ltd., a wholly-owned subsidiary of Xinjiang Yuehydropower, were connected to the grid for power generation. The grid-connected power generation of this wind power project will improve the future operating performance of the company and Xinjiang Guangdong Hydropower.
On July 18th, Guangdong Hydropower Company announced that all Hanjiang Gaopi Water Control Project (Longhu Hydropower Station) was connected to the grid for power generation, which would improve the company's future operating performance.
On July 14th, Guangdong Hydropower said that it received the Notice of Winning Bid from Yunmen Water Investment Co., Ltd., Dachuan District, Dazhou City, and determined that the company was the successful bidder for "Banzhugou Reservoir Project in Dachuan District, Dazhou City", with a winning bid of 344 million yuan.
Actively expand the clean energy power generation business
According to the stock price performance, although the stock has been flat recently, the stock price performance during the year shows that it has increased by nearly 5%. Especially on March 18th, after Guangdong Hydropower announced its intention to introduce the core business assets of the construction sector of Construction Engineering Holdings through restructuring and acquisition, it resumed trading for five consecutive daily limit. Up to now, the stock reported 8.21 yuan, with a total market value of 9.871 billion yuan.
According to the data, Guangdong Hydropower is a state-owned listed company in the construction industry, which integrates the whole process of design, construction, construction, operation and management. The company's main business is water conservancy, hydropower and rail transit engineering construction, hydropower, wind power, solar photovoltaic clean energy power generation.
TF Securities said that the traditional main business of Guangdong Hydropower benefited from the golden age of water conservancy development, and the clean energy power generation and hydrogen energy business created new growth poles. The project construction business goes first, with water conservancy+pumped storage+rail transit three-wheel drive, and clean energy is laid out to generate electricity, creating a second growth curve, which has strong medium-and long-term growth. In the medium and long term, the valuation is more cost-effective and has significant investment value.
Galaxy Securities believes that Guangdong Hydropower is based in Guangdong, and there is a broad market space for water conservancy and rail transit construction. Dual carbon drives energy transformation, and the proportion of clean energy power generation will continue to increase in the future. The company actively expands clean energy power generation business in northwest areas such as Xinjiang and Gansu, and southeast coastal areas such as Guangdong and Shandong. By the end of 221, the total installed capacity of clean energy projects that the company has put into operation for power generation is 1,42.38MW, including 263MW for hydropower, 673MW for wind power and 66.38MW for photovoltaic power generation. At the same time, the company is the largest manufacturer of wind power towers in Guangdong Province and the first echelon enterprise of domestic wind power equipment manufacturing, and its future development prospects can be expected.