Mindong Electric Power : The non-performing asset trading business of Fujian Strait Financial Assets Trading Center has been carried out in real terms + distributed photovoltaic + interim report pre-increase + electric power + smart grid
real estate non-performing asset disposal .
debt-for-equity swap
holds 7.4% of the shares of Maritime Exchange, which provides non-performing asset disposal services.
Mid-term report forecast increase
Mindong Electric Power: Net profit in the first half of 2022 is expected to be 120 million yuan to 150 million yuan, a year-on-year increase of 80.27% to 125.34%
Distributed photovoltaic
The company and Fujian Pingnan, Zhouning , extension Rong and Gutian 4 counties have reached a strategic cooperation agreement and plan to develop distributed photovoltaic power generation projects locally.
[Window of State-owned Enterprises] Mindong Electric Power’s rooftop distributed photovoltaic power generation project was successfully signed.
Mindong Electric Power’s wholly-owned subsidiary Fujian Mindian New Energy Development Co., Ltd. and Fujian Baima Shipyard jointly developed the rooftop distributed photovoltaic power generation project in Mindong. The electric power headquarters successfully signed the contract. The total planned installed capacity of the project is 5.994 MW. The total project investment is about 28.0552 million yuan. The project construction period is about 6 months. It is planned to be connected to the grid for power generation by the end of 2022.
Smart Grid
The company holds a 35% stake in Ningde Electricity Distribution and Sales Co., Ltd. The latter is mainly engaged in electricity sales, power supply, installation, testing and maintenance of electric power facilities; research and development of energy-saving technology and electric power technology.
Electricity
The company is committed to the development of clean energy, new energy and other fields. At present, the company's main business is power production and development, mainly hydropower and wind power. Hydropower and wind power have the advantage of priority for accessing the Internet.
Local State-owned Assets Reform
The actual controller of the company is the Ningde State-owned Assets Supervision and Administration Commission, which belongs to the local State-owned Assets Supervision and Administration Commission or local government.