Fujian Longking expands green energy footprint with Congo hydropower project

Fujian Longking announced its investment in the Hydropower Station project in the Democratic Republic of Congo, a 140MW facility on the Lualaba River. The project, with a total investment of approximately $3.99 billion, will be developed through the company's wholly-owned subsidiary, Purple Gold Longking Clean Energy, via Longking Hong Kong. This initiative, approved by the board, aligns with the company's "environmental protection + new energy" dual-wheel drive strategy.

The project is strategically positioned to provide stable clean electricity to Zijin Mining's operations in Kolwezi, Congo, with 90% of its generated power designated for the mining area. The project is expected to expand Fujian Longking's clean energy generation business, injecting a sustainable profit growth point and enhancing its international market competitiveness and brand influence.

Additionally, Fujian Longking also announced an investment of approximately 23.91 billion yuan in the Integrated Energy Station project in Tibet, featuring solar, energy storage, and diesel generation. These projects underscore Fujian Longking's commitment to green energy transition and global low-carbon development.