On May 31, GeLongHui reported that on May 30, 2024, China Longyuan Electric Power (000966.SZ) received the winning notice (International Engineering [2024] 04919) issued by the bidding agency, State Energy Group International Engineering Consulting Co., Ltd. It confirmed that Yantai Longyuan Electric Power Technology Co., Ltd. (hereinafter referred to as Yantai Longyuan) is the winning bidder for the EPC project of Longyuan Electric Power Hanchuan Company's fly ash and coarse ash grinding, fine grinding and storage system, with a bid amount of 22,188,000 yuan. As a subsidiary of China Energy Changyuan Electric Power Company, the company belongs to a shareholder of Yantai Longyuan, State Energy Investment Group Co., Ltd. (hereinafter referred to as State Energy Group), and this transaction constitutes a related party transaction of the company.
As Yantai Longyuan is indirectly controlled by the company's controlling shareholder, State Energy Investment Group Co., Ltd. (hereinafter referred to as the State Energy Group), Yantai Longyuan is a related party of the company, and this transaction constitutes a related party transaction of the company.