The total investment is 26 billion yuan! The green methanol project of 1 million tons of wind and solar hydrogen production was formally signed.

of June 13, the Chifeng Municipal Government held a signing ceremony with CGN New Energy Investment (Shenzhen) Co., Ltd. and Yangzhou Jidao Energy Co., Ltd. The three parties formally signed a contract for the project of 1 million tons of green methanol for hydrogen production, with an agreed investment of about 26 billion yuan. The project will be located in Bahrain Left Banner and Arukhorqin Banner. Wan Chaoqi, Secretary

of Chifeng Municipal Party Committee, attended the signing ceremony. Wang Wangsheng, deputy secretary and mayor of Chifeng Municipal Committee, presided over the signing ceremony. Zhang Zhiwu, Party Secretary, Chairman and General Manager of CGN New Energy Investment (Shenzhen) Co., Ltd., Ji Wenbo, Party Secretary and General Manager of Inner Mongolia Branch of CGN New Energy Investment (Shenzhen) Co., Ltd., Yue Xin, Chairman of Yangzhou Jidao Energy Co., Ltd., and Liu Yubin, Investment Ambassador of Chifeng City, attended the signing ceremony. Zhao Zhigang, Vice Mayor of Chifeng City, Liu Chao, Vice General Manager of CGN New Energy Investment (Shenzhen) Co., Ltd., and Chen Fang, Vice General Manager of Yangzhou Jidao Energy Co., Ltd., signed the cooperation framework agreement on behalf of the three parties.

It is reported that after the completion of the project, it is estimated that the annual output value will be about 8.4 billion yuan, the tax revenue will be about 1 billion yuan, and about 1000 people will be employed, which will be of great significance to promote the industrial transformation and upgrading of Chifeng City and the high-quality economic development.