24, Hunan Development announced that the company signed a photovoltaic project investment and development agreement with the people's government of Jiahe County, Chenzhou City, Hunan Province. The company intends to lease land in Jiahe County to build a photovoltaic power generation project with a tentative construction scale of 800MW and a total investment of about 2.4 billion yuan . It is planned to invest and construct in batches from 2026 to 2029.

Earlier, on August 19, Hunan Development disclosed its semi-annual report for 2025. In the
first half of 2025, the company achieved a total operating income of 170 million yuan, a year-on-year decrease of 6.28%; the net profit attributable to the parent company was 40.9455 million yuan, a year-on-year decrease of 12.22%; the net profit deducted from non-profits was 40.9263 million yuan, a year-on-year decrease of 10.66%; The net cash flow generated by operating activities was 117 million yuan, an increase of 21.31%
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