BOC International: Demand from offshore and overseas markets continues to drive sustained growth in the wind power industry, while domestic grid investment remains at a high level of prosperity.

The demand for 'sea and overseas' injects continued growth momentum into the wind power industry; the high prosperity of domestic main grid investment is expected to continue.

Zhitong FinanceJul 22 03:58 ET

China Ruifeng Renewable Energy Holdings to Inject 55 Million Yuan Capital for Energy Storage Project

MT NewswiresJul 16 06:33 ET

Ruifeng Renew (00527.HK) invested 55.2 million yuan in Jiu Jia New Energy.

On July 15, GeLongHui reported that Ruifeng Renew (00527.HK) announced that on July 15, 2024, the company, the seller and the target company JiuJia New Energy Investment (Guangzhou) Co., Ltd. have entered into a capital injection agreement. Therefore, the company has agreed to invest RMB 5.52 million in the target company. The additional investment will only be used for the energy storage project of the project company in Chabei Management Zone, Zhangjiakou City, Hebei Province, China. After the investment, the registered capital of the target company will increase to RMB 10 million, and the company will hold 60% of the target company's enlarged registered capital. The target company is a company established in 2023.

Gelonghui FinanceJul 15 06:12 ET

Express News | China Ruifeng Renewable Energy - After Capital Injection, Co to Hold 60% Stake in Jiujia Renewable Energy Investment (Guangzhou)

ReutersJul 15 06:09 ET

Express News | China Ruifeng Renewable Energy - Agreed to Make Capital Injection of RMB55.2 Mln Into Jiujia Renewable Energy Investment (Guangzhou)

ReutersJul 15 06:09 ET

Swhy: The growth rate of phase demand slows down, the new production capacity continues to increase, and the profitability of the new energy industry is under overall pressure.

In 2024, the overall growth rate of electric, wind and energy storage is still facing the main constraints of the slowdown in phased demand growth and the continuous increase in new production capacity. The industry's profits are still under pressure, and corresponding funds will flow more to stocks with performance certainty.

Zhitong FinanceJul 9 21:20 ET