SHA:603685

Zhejiang Chenfeng Technology to Invest 1.18 Billion Yuan in Two Wind Farms

Zhejiang Chenfeng Technology (SHA:603685) is investing 1.18 billion yuan to build two wind power projects in Inner Mongolia, China, according to a Monday filing with the Shanghai bourse.The Horqin wind farm, with a capacity of 100 megawatts, will cost 360.1 million yuan. The Kaiiu project, with a 200-megawatt capacity, will cost 819.9 million yuan.Both projects are expected to break ground on Aug. 15, with respective construction timelines of nine and 11 months.Shares of the lighting fixture product manufacturer closed 1% higher Monday.

GF Securities Starts Zhejiang Chenfeng Science and Technology at Buy with 31.78 Yuan Price Target

Zhejiang Chenfeng Technology to Invest 1.3 Billion Yuan in Energy Storage Projects

Zhejiang Chenfeng Technology (SHA:603685) will invest a total of 1.31 billion yuan in energy storage power station projects, according to a Wednesday bourse filing in Shanghai.The company will invest 660.4 million yuan in the Beiwang Xineng Kailu County 800 megawatt-hour grid-side independent new energy storage power station demonstration project and 654.6 million yuan in the Zuozhong Energy Storage Power Station Project in Tongliao City, China.

Zhejiang Chenfeng Technology Recovers Principal, Returns from Structured Deposit Product

Zhejiang Chenfeng Technology (SHA:603685) redeemed the principal and returns of a 50-million-yuan structured deposit product, according to a Thursday filing with the Shanghai bourse.The company purchased the wealth management product on Jan. 27 and recovered total returns of 218,800 yuan.