[Hubei Energy Group invested an additional 6 billion yuan in new energy projects] On July 5, 2023, Hubei Energy Group issued an announcement that it planned to issue convertible corporate bonds to unspecified objects, raising a total of no more than 6 billion yuan, and investing in pumped storage and photovoltaic wind power projects. According to the disclosed plan, Hubei Energy plans to invest in six photovoltaic projects, two wind power projects and a pumped storage power station project, They are Hubei Energy Yicheng Dongwan 100MW photovoltaic power generation project, Hanjiang Energy Company Xiangzhou Yushan Phase I 100MW agro-optical complementary power station project, Hubei Energy Group Jianli Wangqiao 100MW optical storage and fishery integrated power station project, Hubei Energy Group Xiangzhou Huangji phase I 100MW wind power project, Shouyi New Energy Shishou City Nankou Town 100MW agro-optical complementary Power generation project, Tianmen Tiansheng Wind Power Plant Phase II project, Xiema Xishui County 100MW agricultural light complementary photovoltaic power generation project, Gaoshi Town Qianjiang City 100MW Yuguang complementary photovoltaic power generation project, Hubei Luotian Pingyuan pumped storage power plant project. Among them, Hubei Luotian Pingyuan pumped storage power Station project, the total investment is 9309.87729 million yuan, the proposed use of raised funds of 3 billion yuan, the construction cycle of 64 months (excluding the preparation period), the capital financial internal rate of return (after tax)6.50%. Another 1 billion yuan will be used to replenish liquidity. Editor/Xu Shengpeng

Click to see more live >>

• 2026.04.03 16:07
• [The domestically produced largest diameter hard rock TBM is offline]
• On April 3, 2026, the domestically developed maximum diameter 13.2-meter hard rock TBM by CCCC Tianhe started construction in Changshu. The machine is equipped with 7600 domestically produced rare earth special steel main bearings developed by the Institute of Metals, Chinese Academy of Sciences, with a rated life of over 15000 hours and performance exceeding imports. This move marks China Communications Construction Corporation's first achievement of 100% localization of core components for ultra large diameter tunneling machines, completely bridging the last mile of national production of major underground engineering equipment in China.Editor/Cheng Liting

• 2026.04.03 15:53
• [China Kazakhstan's $125 million large order landed]
• At the Export to China SCO Choice Forum, Kazakh companies signed a $125 million agricultural export agreement with Chinese partners. Changsha Kaliev, the Minister of Trade of Kazakhstan, led a delegation to visit Shandong to deepen industrial and logistics cooperation. As the largest trading partner, the bilateral trade volume between China and Kazakhstan is expected to increase from 41 billion US dollars in 2023 to 48.7 billion US dollars in 2025, with Shandong's trade volume reaching 2.2 billion US dollars. Both sides are shifting from scale expansion to quality and efficiency improvement, with a focus on promoting the export of high value-added, non resource, and green technology products to ensure supply chain stability.Editor/Cheng Liting