Kaishan Stock: The company does not have the information on the 200MW, $300 million geothermal power generation equipment order circulating on the internet.
Regarding the question from investors about the "Is the order of 200MW, worth 300 million US dollars for geothermal power generation equipment, true?" Kai Shan Corporation stated on the interactive platform on July 22 that the company does not have information on the rumored order of 200MW, worth 300 million US dollars for geothermal power generation equipment. However, an agreement between the company's subsidiary OME and partner Power Planet stipulates that in the development of EGS resources in the Star Peak geothermal block, no less than 200 megawatts will be developed and the power station will use all power generation equipment provided by Kai Shan. This agreement has already been officially announced by the company.
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