China CAMC Engineering Subsidiary to Construct Power Station in Hefei, China; Shares Rise 6%
China CAMC Engineering (SHE:002051) subsidiary China Zhongyuan International Engineering will invest 1.13 billion yuan for the construction of an independent hybrid energy storage power station for Anhui Yuankong Storage & Charging New Energy Technology in Hefei, Anhui, China,The power station will have a capacity of 100 megawatts/120 megawatt-hours, according to a Monday filing with the Shenzhen bourse.Shares surged nearly 6% during afternoon trading on Monday.