Longgao Electric: planning to invest 79.6177 million yuan to build a rooftop photovoltaic project.

Changgao Electric's new announcement states that the company plans to invest in the construction of distributed photovoltaic projects on the roofs of existing and newly built factory buildings in Ningxiang Industrial Park, Wangcheng Industrial Park, and Hengyang Industrial Park, with a total investment amount estimated at 79.6177 million yuan. The project will adopt the "self-use, surplus supply to the grid" model, with an investment recovery method where electricity users pay the company for electricity based on their usage, with a discount rate of 85%. The project construction period is 6 months, and the funding source is from the company's own funds. This investment aims to supplement the company's demand for electricity in production and operations, promote energy conservation and emissions reduction, and achieve cost reduction and efficiency improvement.