CHINA POWER's Subsidiary Enters Contract with Shandong Ludian for Dust Removal Equipment Supply

Stock News
05/11

CHINA POWER (02380) announced that on May 11, 2026, its indirectly owned non-wholly owned subsidiary, Yuanda Engineering Company, entered into a sales contract with Shandong Ludian for the provision of dust removal facilities. Under the contract, Yuanda Engineering will supply a complete set of dust removal equipment and components along with related services for the Baicheng project, at a cost of RMB 79.25 million (approximately HKD 91.092 million). As national environmental standards for coal-fired power plants become increasingly stringent, Yuanda Engineering leverages its specialized expertise in providing dust removal facilities to assist clients in meeting mandatory regulatory requirements. The company believes that the sales contract for the Baicheng project will strengthen Yuanda Engineering's position in the environmental protection sector and align with the group's strategic objective of transitioning into a green, low-carbon energy provider.

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