China's CSSC Science & Technology to Invest 4.149 Billion Yuan in Three Major Wind Power Projects
2026-06-10 17:27
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en.Wedoany.com Reported - On June 10, CSSC Science & Technology Co., Ltd. (hereinafter referred to as "CSSC Science & Technology") announced that, based on the needs of its main business development, its subsidiaries plan to invest in the Qinhuangdao 300 MW wind farm project, the first phase of the Gannan County 300 MW wind power project in Qiqihar City, and the Guangxi Yizhou Fulongyou 150 MW wind farm project, with a total investment of approximately 4.149 billion yuan.

Among these, the Qinhuangdao project has the highest investment amount, approximately 1.704 billion yuan, mainly divided into the Qinglong 150 MW wind farm project and the Funing 150 MW wind power project. The main construction content includes 24 units of 6.25 MW wind turbines and 27 units of 5.56 MW wind turbines. The first phase of the Gannan project involves an investment of about 1.533 billion yuan, primarily constructing 40 units of 7.5 MW wind turbines. The Fulongyou project requires an investment of approximately 912 million yuan, planning to install 24 units of 6.25 MW wind turbines.

CSSC Science & Technology stated that the aforementioned external investment projects will help the company further focus on its main business and promote the integrated development of wind turbine main equipment and power station system integration. If these projects are successfully completed and put into operation, they are expected to bring good economic benefits to the company, help increase the market share of its wind turbine equipment, consolidate the business development pattern, and enhance profitability.

Public information shows that CSSC Science & Technology is a listed company specializing in the wind power industry under China State Shipbuilding Corporation Limited, coordinating resource integration and capability layout across the entire industrial chain, including wind power resource development, complete machine equipment, and key supporting components. In the first quarter of 2026, CSSC Science & Technology achieved revenue of 1.943 billion yuan, a significant year-on-year increase of 118.13%; the net profit attributable to the parent company was a loss of 198 million yuan, narrowing the loss by 36.18% year-on-year.

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