According to the Guangzhou Development Notice, on December 15, 2025, the board of directors of the company agreed to invest in the construction of the Xiushan Longfengba photovoltaic power generation project, a wholly-owned subsidiary, with a total investment of 583 million yuan. The planned installed capacity of the project is 150 mW/205 MWp. The project company is Xiushan Suifa New Energy Co., Ltd., and New Energy Group will increase its capital to 149 million yuan. By the end of November, the project company had total assets of 139 million yuan, liabilities of 102 million yuan, net assets of 36.52 million yuan, revenue of 7.97 million yuan, and net profit of 6.53 million yuan. The project faces the risk of electricity consumption and falling feed-in tariffs.

According to the Guangzhou Development Notice, on December 15, 2025, the board of directors of the company agreed to invest in the construction of the Xiushan Longfengba photovoltaic power generation project, a wholly-owned subsidiary, with a total investment of 583 million yuan. The planned installed capacity of the project is 150 mW/205 MWp. The project company is Xiushan Suifa New Energy Co., Ltd., and New Energy Group will increase its capital to 149 million yuan. By the end of November, the project company had total assets of 139 million yuan, liabilities of 102 million yuan, net assets of 36.52 million yuan, revenue of 7.97 million yuan, and net profit of 6.53 million yuan. The project faces the risk of electricity consumption and falling feed-in tariffs.