[Guangzhou Development: Plans to invest 733 million yuan in the construction of Chongqing Qianjiang photovoltaic project] On October 21, Guangzhou Development (600098.SH) announced that the company's wholly-owned subsidiary New Energy Group plans to invest in the construction of a 200MW/262MWp ground-mounted concentrated photovoltaic project in Chongqing Qianjiang Chengdong, with a total investment of approximately 733 million yuan. The project adopts the "agricultural (forestry) light complementary" model to construct a new 220kV booster station. The company stated that this project will further expand the company's project scale in the southwest region, create economies of scale, and promote high-quality development of the new energy industry.