Sichuan Energy Investment Development (01713): The subsidiary entered into an EPC general contract and construction supervision contract for the 2025 rural power grid consolidation and upgrading project

According to the Zhitong Finance App, Sichuan Energy Investment Development (01713) issued an announcement. On September 21, 2026, the Hydropower Group, the project construction unit (all subsidiaries of the company) and other project construction units signed EPC general contracting contracts with the Construction Group, the Property Industry Group and Sichuan Energy Investment Comprehensive Energy. According to this, Construction Group, Material Asset Industry Group, and Sichuan Energy Investment Comprehensive Energy will each provide construction (including purchase of other materials), procurement of major equipment and materials, and construction drawing design services for the 2025 rural power grid consolidation and upgrading project.

Project construction units refer to Xuzhou Electric Power, Gaoxian Electric Power, Yixian Electric Power, Junlian Electric Power, Pingshan Electric Power, and Xingwen Electric Power. The Group will only participate in some 10 kV and below projects under the 2025 Rural Power Grid Consolidation and Upgrading Project. Scope of services: design (construction drawing design), construction, procurement of important equipment and materials for 110 kV projects, 35 kV projects and above, and 10 kV and below.

On September 21, 2026, Hydropower Group, construction supervision and implementation units (all subsidiaries of the company) and other construction supervision and implementation units signed a construction supervision contract with Sichuan Yilian. According to this, Sichuan Yilian will provide construction supervision and related services for the 2025 rural power grid consolidation and upgrading project.

Construction supervision and implementation units refer to Xuzhou Electric Power, Gaoxian Electric Power, Yixian Electric Power, Junlian Electric Power, Pingshan Electric Power, and Xingwen Electric Power. The Group will only participate in the construction supervision of some 10 kV and below projects under the 2025 Rural Power Grid Consolidation and Upgrading Project. Scope of services: Supervision services during the project design phase, construction phase (including construction, equipment testing, equipment and system debugging, reliability test operation, inspection and handover of construction projects, etc.) and quality defect liability period, as well as services related to construction supervision contracts.

The 2025 rural power grid consolidation and upgrading project refers to the 2025 rural power grid consolidation and upgrading project of Sichuan Hydropower Investment and Management Group Co., Ltd., including the construction and renovation of 110 kV projects, 35 kV and above projects, and 10 kV and below.

According to the Sichuan Provincial Development and Reform Commission's “Approval Report on the Feasibility Study Report of the Sichuan Hydropower Investment and Management Group 2025 Rural Power Grid Consolidation and Upgrading Project” (Chuanfa Energy [2024] No. 485) and the “Notice on Accelerating the Implementation of Sichuan Hydropower Investment and Management Group Co., Ltd. 2025 Rural Power Grid Consolidation and Upgrading Project Self-financing Project Investment Plan” (Chuanfa Energy [2025] No. 449), the Hydropower Group is responsible for organizing and implementing the 2025 rural power grid consolidation and upgrading project, and determined the EPC general contract through public tenders and the winning bidder for project construction supervision. The conclusion of the 2025 rural power grid contract can implement the design, construction, procurement of major equipment and materials, and construction supervision of related projects, and will optimize the rural grid structure in the Group's power supply service area, improve the quality of power supply, and serve the rural economy.