According to the Zhitong Finance App, Hengxin Technology (01085.HK) announced that Zhejiang Zhongguang New Energy Technology Co., Ltd. (Zhejiang Zhongguang), an indirect non-wholly-owned subsidiary of the company, recently received a “Shortlisting Notice” from the Qinghai Provincial Development and Reform Commission, confirming that Zhejiang Zhongguang successfully won the bid for the first batch of independent photothermal projects in 2026. The photothermal project is located in Haixi Mongol and Tibetan Autonomous Prefecture in Qinghai Province. The construction period requires construction to begin before the end of December 2026 and be connected to the grid by the end of December 2028.

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