CSSC Science & Technology (SHA:600072) directors approved a 4.15 billion yuan investment in three wind farm projects in China, according to a Wednesday filing with the Shanghai bourse.
The company will invest 1.70 billion yuan in the 300-megawatt Qinhuangdao wind farm project, 1.53 billion yuan for the 300-megawatt Qiqihar Gannan County Phase I wind power project, and 911.6 million yuan for the 150-megawatt Guangxi Yizhou Fulongyou wind farm project.
Shares rose 1% during late afternoon trading.