(1) concept of additional issuance and biomass energy: 20 10 On July 3, the company plans to issue no more than 654.38+55 million shares to no more than 10 specific investors at an issue price of no less than 4.05 yuan per share. After deducting the issuance expenses, the raised funds are not expected to exceed 627.75 million yuan. The company plans to invest 550 million yuan for the 2×30MW biomass power generation project in Shaoguan City, Guangdong Province, and 7,726,543.8+0,000 yuan for repayment of bank loans. According to the announcement, the water resources in Hunan and Guangdong around the company have been fully developed and utilized, and the space for hydropower development is limited. Shaoguan city is rich in biomass resources and has a good foundation for biomass power generation projects.

(2) Concept of foreign capital: The company holds 8 1% shares of Hongda Gear, which mainly produces trucks and passenger car gearboxes, and has established a strategic cooperative relationship with Eaton Company of the United States. Eaton closed some parts factories in China and turned them to HTC.

(3) Asset appreciation concept: Based on the consideration of strengthening and expanding the auto parts industry, the company plans to relocate Hongda Company to Peyo Industrial Development Zone. The new factory will not only provide sufficient land for HTC to expand its production capacity and reduce the cost of electricity in the future, but also bring greater opportunities for asset appreciation after the original factory land in the city center is converted into commercial land. In this regard, the company is doing further argumentation.

(4) Main business: The company focuses on power development, and the thermal power and hydropower structure is reasonable. The company's existing operating power installed capacity is 764,665,438+0,000 kilowatts, including 394,654,38+0,000 kilowatts of hydropower installed capacity and 370,000 kilowatts of thermal power installed capacity. The small hydropower developed by the company is renewable and clean energy supported by the state. Mengzhouba Hydropower Plant and Li Meng Hydropower Plant have improved their economic benefits through watershed management.

(5) Concept of non-ferrous metals: Lechang Zirconium Products Factory under the company is the research and development center of zirconium series products and the largest domestic production enterprise. Zirconium metal is an essential material for new energy, military industry and nuclear reactors, and its strategic position is extremely important. In addition, it has outstanding nuclear properties and is mainly used as a nuclear reactor material.

(6)CDM concept: The company has successively signed CDM cooperation project agreements for hydropower stations such as Shangbao, and the partners have signed contracts or intentions with foreign carbon suppliers, so the company is expected to gain huge additional benefits in the future.