The 350MW photothermal power plant to be invested by Hengxin Technology (01085) already has the conditions to start construction

According to the Zhitong Finance App, Hengxin Technology (01085) announced that the “Delingha 350,000 kilowatt photothermal power generation demonstration (pilot) project” (“350MW photothermal power plant”) to be invested by Qinghai Zhongkong Solar Power Co., Ltd. (“Qinghai Zhongguang”), an indirect non-wholly-owned subsidiary of the company, has met the conditions to start construction.

The company will invest in the construction of a 350,000 kilowatt photothermal power plant project in Delingha, Qinghai Province through Qinghai CrowdControl. On December 22, 2025, Qinghai CrowdControl received the State Grid Qinghai Electric Power Company's “Notice Concerning Consultation Opinions on the Connection System Design Plan for the Delingha 350MW Photothermal Power Generation Demonstration (Pilot) Project” from the State Grid Qinghai Electric Power Company and agreed to the access plan proposed in the design of this project. Furthermore, on December 23, 2025, Qinghai Public Control also received the Qinghai Provincial People's Government's “Approval on Land Use for the 350,000-kilowatt Photothermal Power Generation Demonstration (Pilot) Project”, agreeing that the project will use state-owned agricultural land in Chahansha Village, Koluke Town, Delingha City, Qinghai Province, People's Republic of China, and Taustu Village in Jiuji Township to be used as construction land for a 350,000-kilowatt photothermal power plant.