Zhongfu Industrial (600595.SH) subsidiary plans to invest 250 million yuan in energy-saving and carbon-reduction upgrades for Units 5 and 6.

Zhitong Finance APP News, Zhongfu Industrial (600595.SH) announced that, in order to further reduce unit energy consumption and improve the profitability of its power business, the company's wholly-owned subsidiary Zhongfu Power plans to invest RMB 250 million to carry out energy-saving and carbon-reduction upgrading and renovation of Units 5 and 6, with a construction period of 28 months. After the project renovation, the average annual net profit will be RMB 51.65 million, the project rate of return will be 20.66%, and the project investment payback period will be 5 years; the two units will reduce carbon emissions by 120,000 tons per year.