Haili Wind Power (301155.SZ) announced that on March 27, 2024, the company ('Party B') and the Jiangsu Rudong Coastal Economic Development Zone Management Committee ('Party A') signed the 'Haili Advanced Energy Equipment Manufacturing Project' project construction agreement. The company plans to invest in and build the 'Haili Advanced Energy Equipment Manufacturing Project' in the Rudong Coastal Economic Development Zone, with a total investment of no less than 0.5 billion yuan. The product structure plans to operate income of products valued at between 10 and 30 billion yuan, at 401/1288/60 million yuan respectively.
According to the announcement from Wind Power Company (301155.SZ), on March 27, 2024, the company ('Party B') signed the 'Haili Advanced Energy Equipment Manufacturing Project' project construction agreement with Jiangsu Rudong Coastal Economic Development Zone Management Committee ('Party A'). The company plans to invest in and build the 'Haili Advanced Energy Equipment Manufacturing Project' in the Rudong Coastal Economic Development Zone, with a total investment of no less than 0.5 billion yuan.
Recently, the company signed a 'Supplementary Agreement' with Party A. After friendly consultation between the two parties, they reached a supplementary agreement on unsettled matters in the 'Project Construction Agreement': Party A agrees to provide the originally agreed upon 75 mu of land on the west side of the land plot, another approximately 90 mu of land, for Party B to expand production capacity and conduct project construction, and Party B agrees to increase the total investment of the project from 0.5 billion yuan to 1 billion yuan.
According to the announcement, the investment and construction of this project will help meet the demand for related internal parts of the company's main products, and the project is close to the company's main production base, which can reduce procurement and transportation costs.