[Valin Iron and Steel: wholly-owned subsidiary plans to build 450 million yuan new high-efficiency supercritical surplus gas generator project], Valin Iron and Steel announced that Hunan Valin Lianyuan Iron and Steel Co., Ltd., a wholly-owned subsidiary, plans to build a new high-efficiency supercritical surplus gas generator project, with an investment of 450 million yuan and an estimated annual spontaneous electricity of 1.29 billion kW ·h.