(300062.SZ) plans to invest 140 million yuan to build a prefabricated cabin-type substation and industrialize the medium and high voltage transmission and transformation project.

Zhtng Cijng APP News, China Energy Electric (300062.SZ) announced that, in order to further improve the company's product system, expand product categories, and enhance market competitiveness, its wholly-owned subsidiary, Fujian China Energy Electric Co., Ltd., plans to invest 140 million yuan in self-raised funds to build a prefabricated container substation and medium to high voltage power transmission and transformation industrialization project. It will rely on the existing plant to implement factory upgrades and construction of distribution transformer workshops, prefabricated container substation integrated assembly workshops, and high-voltage gas-insulated switchgear (GIS) workshops.