---
title: "GGEP plans to invest 395 million yuan to construct the Sidong Matian photovoltaic project in Rongan County"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/245676123.md"
description: "GGEP plans to invest CNY 395 million to construct the Sidong Matian photovoltaic project in Rongan County, with funding sourced from 20% equity and 80% bank loans, and a construction period of approximately 8 months. The project's financial internal rate of return is expected to be above 6%, and the investment will increase the company's proportion of installed renewable energy capacity, enhance profitability, and align with the company's development plan"
datetime: "2025-06-23T10:35:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/245676123.md)
  - [en](https://longbridge.com/en/news/245676123.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/245676123.md)
---

# GGEP plans to invest 395 million yuan to construct the Sidong Matian photovoltaic project in Rongan County

According to the announcement from GGEP (600236.SH), the company plans to invest in the construction of the Sidong Matian photovoltaic project in Rongan County, with a total investment of approximately 395 million yuan. The funding sources will be 20% from equity and 80% from bank loans. The construction period is approximately 8 months.

According to the company's preliminary calculations, the project's overall investment financial internal rate of return (pre-tax) during the operational period is over 6%, indicating good profitability. This investment will further increase the company's proportion of installed capacity in renewable energy, enhance the company's profitability, and align with the company's development needs and long-term planning

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