On December 22, Wuxiang Beiqing Intelligent Energy (an indirect non-wholly owned subsidiary of "Mountain Hi-tech Energy") signed an EPC contract for Shanxi 100 MW Photovoltaic Project with the Second Project (Contractor) of the 17th Bureau of China Railway.

It is reported that the project is located in Wuxiang County, Changzhi City, Shanxi Province, and plans to build a photovoltaic power generation project with 100MW AC side and 120MW DC side. According to the contract, the Contractor will provide EPC services for the project. The total contract price is RMB 405,513,902.57, and the unit price is about RMB 3.38/W (calculated on the DC side).
Specifically, as the contractor, the second project of the 17th Bureau of China Railway will complete the project construction, including the survey and design of photovoltaic power stations and booster stations, as well as the procurement, transportation and storage of all equipment and materials. In terms of
construction period, the project is scheduled to start on May 1, 2026 and be completed on September 30, 2027.
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