Zhongfu Industrial Unit to Invest RMB 250 Million in Energy-Saving Upgrade of Units 5 and 6
Zhongfu Industrial announced that its wholly owned subsidiary Zhongfu Power plans to invest RMB 250 million to upgrade Units 5 and 6 for energy conservation and carbon reduction. The work covers turbine flow-path modification, boiler combustion system optimization, dynamic separator retrofits, and fan efficiency improvements. The board approved the proposal on September 15, 2026; shareholder approval is not required, though other approvals remain pending. The 28-month project is expected to yield average annual net profit of RMB 51.65 million and a return of 20.66%.
On September 15, 2026, Zhongfu Industrial announced that its wholly owned subsidiary Zhongfu Power plans to invest RMB 250 million to carry out an energy-saving and carbon-reduction upgrade of Units 5 and 6. The scope of work includes steam turbine flow-path modification, boiler combustion system optimization, dynamic separator retrofits, and fan energy-saving and efficiency-improvement modifications.
The proposal was approved at the 14th meeting of Zhongfu Industrial's 11th board of directors on the same day. Implementation of the project is still subject to approvals and other relevant procedures, and does not require review by the shareholders' meeting. The construction period is 28 months. After the upgrade, average annual net profit is projected at RMB 51.65 million, with a project return rate of 20.66%.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Thermal Power, with intensity 40/100 and 70% confidence over a medium term horizon.
Thermal Power
- Direction
- positive
- Intensity
- 40
- Confidence
- 70%
- Horizon
- Medium term
Power Equipment
- Direction
- positive
- Intensity
- 35
- Confidence
- 65%
- Horizon
- Short term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.