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Zhongmin Energy Co Ltd

Zhongmin Energy Co., Ltd. develops, constructs, and operates new energy power generation projects in China, including wind, photovoltaic, and solar power. The company was formerly known as Nanzhi Co Ltd. and changed its name to Zhongmin Energy Co., Ltd. in December 2015. Founded in 1998, it is based in Fuzhou, China, and operates as a subsidiary of Fujian Investment & Development Group Co.,Ltd.

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China
Energy Transition & Power Demand▲

Zhongmin Energy Subsidiary Signs EPC Contract Worth 4.165 Billion Yuan

Zhongmin Energy announced that its controlling subsidiary, Fujian Fuzhou Mintou Offshore Wind Power Convergence Station Company, has signed an EPC general contracting agreement with a consortium for the Changle offshore centralized transmission project, with a total contract value of 4.165 billion yuan. The company stated that the signing and execution of this contract will help advance the overall construction of the project in an orderly manner. However, the announcement also cautioned that commencement of the project still requires approval from relevant authorities and remains subject to uncertainty.
About megatrends
Energy Transition & Power Demand › Wind Capital
600163.CG · Demand · Positive Controlling subsidiary signed a 4.165 billion yuan EPC contract for the Changle offshore transmission project, a concrete order win.
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China
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Zhongmin Energy's 2026 interim net profit was 347 million yuan, down 7.29% year-on-year

Zhongmin Energy released its 2026 interim report. Total operating revenue was 1.103 billion yuan, down 0.12% year-on-year. Net profit attributable to the parent company was 347 million yuan, down 7.29% year-on-year. Net cash inflow from operating activities was 1.098 billion yuan, up 121.51% year-on-year, marking a second consecutive year of growth. The company's asset-liability ratio was 47.43%, gross margin was 58.58%, return on equity was 4.83%, and diluted earnings per share was 0.18 yuan. The number of shareholders was 60,700, and the top ten shareholders held 69.60% of total share capital.
600163.CG · Capital · Negative Net profit fell 7.29% year-on-year in the interim report.
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China
Energy Transition & Power Demand▲

Zhongmin Energy and Zijin Mining establish new energy company with battery manufacturing business

Fujian Hai'an Energy Company Limited was recently established, with business scope including research and development of emerging energy technologies, battery manufacturing, engineering and technical research and experimental development, as well as sales of hydrogen refueling and storage facilities for stations. According to equity penetration data from Qichacha, the company is jointly held by Fuda Zijin Hydrogen Energy Technology Company Limited, a subsidiary of Zijin Mining, and Zhongmin Energy, among others.
About megatrends
Energy Transition & Power Demand › Hydrogen & Fuel Cells Technology
Electrification & Mobility › Battery Cells & Pack Manufacturing Competition
Fujian Haian Energy Co., Ltd. · Demand · Positive The article is about the establishment of Fujian Haian Energy, which is the subject of the news.
Fuda Zijin Hydrogen Energy Technology Co., Ltd. · Demand · Positive Fuda Zijin Hydrogen Energy Technology is a direct shareholder in the new company, directly involved in its establishment.
600163.CG · Demand · Positive Zhongmin Energy co-founds a new energy company with battery manufacturing, expanding into new energy business.
601899.CG · Demand · Positive Zijin Mining's subsidiary participates in the new energy company, diversifying into battery manufacturing.
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Zhongmin Energy's Power Generation Reaches 2.09 Billion Kilowatt-Hours in First Half, Up 2.87% Year-on-Year

Zhongmin Energy announced that as of June 30, 2026, the cumulative power generation of its subordinate projects reached 2.09 billion kilowatt-hours, an increase of 2.87% compared to the same period last year. The cumulative on-grid electricity reached 2.047 billion kilowatt-hours, an increase of 2.84% year-on-year.
600163.CG · Demand · Positive Power generation and on-grid electricity increased year-on-year, indicating higher output and demand for its electricity.
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