On April 8, Yunnan Energy Investment Co., Ltd. (stock code: 002053, stock abbreviation: Yunnan Energy Investment) issued an announcement stating that the company’s board of directors reviewed and approved the “Regarding Ma Longyun Energy Investment New Energy Development Co., Ltd.” Proposal on the construction of the color A photovoltaic power generation project “, agreed that the wholly-owned subsidiary Ma Longyun Energy Investment New Energy Development Co., Ltd. (hereinafter referred to as” Malone “) will invest in the construction of the color A photovoltaic power generation project. The rated capacity of the project is 20MW, the total investment is 91.9228 million yuan (including working capital of 718800 yuan), and the financial internal rate of return of capital is expected to reach 6.28.
the announcement shows that the project has been included in the list of the first batch of new energy projects in Yunnan province in 2025, and is located on the hillside around sejia village, Xintun community, wangjiazhuang street, Malong district, Qujing city, and laogou village, Xiaolongjing community. The installation capacity of the project is 23.96MWp, the total construction period of the project is 6 months, the average on-line power consumption for many years after production is 31.78 million kilowatt-hours, and the annual average equivalent full load hours are 1,326 hours.
In terms of funding sources, the project capital is calculated at 20% of the total investment, and the remaining funds are raised by debt financing such as bank loans. The implementation of the project is subject to the relevant approval of government departments and does not constitute a related party transaction and a major asset reorganization.
As the main body of the project implementation, Malone Company is a wholly-owned subsidiary of Yunnan Energy Investment Corporation with a registered capital of 0.641 billion million yuan, mainly engaged in power generation business and solar power generation technical services. The latest financial data show that as of February 28, 2026, the company’s total assets were 2.022 billion yuan, net assets were 0.923 billion yuan, operating income was 46.7148 million yuan and net profit was 24.4979 million yuan from January to February 2026.
