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The Chairman of ENN Natural Gas elaborates on the company's A and H Global Strategy: breaking the shackles of approval to achieve synergy across the entire Industry Chain | Direct coverage of the Earnings Conference.
① Company Executives stated that acquiring ENN ENERGY will effectively avoid the restrictions of the Hong Kong stock related transaction approval process, strengthening the positioning of the "integration and collaboration of the Henry Hub Natural Gas Industry Chain" Global Strategy, and achieving efficient allocation and effective integration of resources. ② In the future, the company will leverage the advantages of full-scene natural gas to achieve stable growth in Business and profits.
The decrease in fuel costs combined with the expansion of New energy Fund led Huaneng Power International, Inc. to earn over 10 billion last year | Interpretations
① Huaneng Power International made over 10 billion in profit last year, a 20% year-on-year increase; ② The company stated that the growth in Net income was primarily due to the reduction in domestic fuel costs which promoted increased profits in thermal power, and the orderly expansion of the company's New energy Fund has contributed to additional profits.
At the time of divesting from photovoltaics, China Suntien Green Energy Corporation's Listed in Hong Kong saw a capital increase from Great Wall Life Insurance.
On February 14, the Hong Kong Stock Exchange revealed that China Suntien Green Energy Corporation's H shares were increased in shareholding by Great Wall Life Insurance on February 12, involving an investment of 9.344 million Hong Kong dollars; after the increase in shareholding, ...
Trading will be suspended starting tomorrow as Inner Mongolia Mengdian Huaneng Thermal Power Corporation plans to acquire equity in two New energy Fund companies | Read the announcement.
① Inner Mongolia Mengdian Huaneng Thermal Power Corporation announced plans to acquire 60% equity in Zhenglanqi Wind Power and 75.51% equity in Northern Duolun, with stocks suspended starting tomorrow; ② From August to December 2024, Inner Mongolia Mengdian Huaneng Thermal Power Corporation disclosed plans to invest approximately 9.1 billion yuan to construct three major clean energy projects.
Datang International Power Generation's net profit is expected to more than double last year, benefiting from efforts to reduce fuel costs | Interpretations
① With both thermal and hydropower making strong efforts, Datang International Power Generation's net profit last year more than doubled year-on-year; ② Looking ahead to 2025, the industry generally believes that Thermal Coal prices will be in a narrow fluctuation trend.
Investment income increases, GD Power Development expects to earn nearly 10 billion in 2024 | Interpretations
① GD Power Development expects to achieve a net income of nearly 10 billion yuan in 2024, marking its best performance since being listed in 1997; ② Due to the impact of impairment provisions for the Daxingchuan power station included in regular gains and losses, the company's non-deductible net income is expected to decline by more than 10% year-on-year in 2024.
SpyderCall OP : @102640653
102640653 SpyderCall OP : If Shanghai market starts with bullishness trend it will definitely lend support to the hangseng index which had been hit quite badly in recent weeks. Hopefully the bullishness in Shanghai stands strong . Good luck
MonkeyGee : This is China's 2008!
102489169 : Agreed! Follow the trends. Invest $ that we understand, can afford to lose and know when to cut loss. Good advice.
股海踏浪 : Volume comes first before price. There was a time when a real big market didn't come out of a huge amount at the bottom? But now this amount is just a small rebound.