Guodian Electric Power (600795.SH) plans to build Guoneng Jianbi Phase 8 2×1 million kilowatt expansion project

Zhitong Finance App News, Guodian Electric Power (600795.SH) issued an announcement. On December 12, 2025, the company held the 40th session of the 8th board of directors to review and pass the “Proposal on Investing in the Construction of Guoneng Jianbi Phase 8 2×1 Million Kilowatt Expansion Project”. Jianbi Phase 8 is located in the factory area of Guoneng Jiangsu Jianbi Power Generation Co., Ltd. (hereinafter referred to as “Jianbi Power Plant”). It is planned to build 2 1 million kilowatt ultra-supercritical secondary reheating coal-fired generators on the original site of the 4 330,000 kilowatt units that had already been shut down and dismantled at the Jianbi Power Plant. The project was approved by the Jiangsu Provincial Development and Reform Commission in June 2025, and has obtained supporting documents such as land pre-assessment and water conservation.

Jianbi Phase 8 is invested, constructed and operated by National Energy Group Jiangsu Electric Power Co., Ltd. (hereinafter referred to as “Jiangsu Company”), a holding subsidiary of Guodian Electric Power Development Co., Ltd. (hereinafter referred to as “Beijing Guodian Electric Power”), and Zhenjiang Yuding Huineng Investment and Development Co., Ltd. (finally, according to the registered name), established according to 90%: 10% by Guodian Electric Power Development Co., Ltd. (hereinafter referred to as the “Company”). The total investment in project dynamics is 7.218 billion yuan, with a capital ratio of 30%. The rest is covered through bank loans. According to the dynamic total investment calculation, Jiangsu Company's own capital of 1,949 billion yuan will be used for the investment, construction and operation management of Jianbi Phase VIII.