Lanshi Heavy Industry: Awarded Bid for 99.96 million yuan ESS Power Station's Thermal Energy Storage Tanks and Ancillary Equipment Project

Lanpec Heavy Industries announced that the company has recently received the bid-winning notice for the project of thermal storage tanks and their ancillary equipment for the PowerChina Feicheng 2×300MW (Phase I) salt-cavity compressed air ESS power station, with a bid-winning amount of 99.96 million yuan, accounting for 1.73% of the company's audited operating revenue in 2024. The project is expected to have a positive impact on the company's operating performance in 2025, with the specific amount subject to the annual audit report issued by the law firm.