Hengxin Technology (01085.HK) subsidiary Zhejiang Zhongguang successfully won the bid for the solar thermal project in Haixi Mongolian and Tibetan Autonomous Prefecture, Qinghai Province.

Intelligence Finance and Economics APP news, Hengxin Technology (01085.HK) announced that its indirectly non-wholly-owned subsidiary Zhejiang Zhongguang New Energy Technology Co., Ltd. (Zhejiang Zhongguang) recently received the "Shortlisted Notification" issued by the Development and Reform Commission of Qinghai Province, confirming that Zhejiang Zhongguang successfully won the bid for the first batch of independent solar-thermal projects in 2026. This solar-thermal project is located in Haixi Mongolian Tibetan Autonomous Prefecture, Qinghai Province, with a construction period requiring construction to start before the end of December 2026 and to be completed and connected to the grid before the end of December 2028.