AI Energy demand is steadily rising, and Henry Hub Natural Gas prices are expected to reach a turning point in 2025.

The price of Henry Hub Natural Gas is expected to fall by the end of this year. However, the market is optimistic about 2025, mainly due to increased demand from exports and AI.

Zhitong Finance20:45 ET

Intensifying the layout of the energy storage Business, Weidong Electric plans to acquire 51% equity of Zhongmin Guangfu.

① Wu Bo stated that the company plans to add an annual production capacity of 5GWh for energy storage systems, with products primarily used in wind and solar power generation within electrical utility systems. The company's existing partnerships within the electrical utilities sector, including with Goldwind Science& Technology, are advantageous for market expansion; ② As of Q1, the 232kWh commercial and industrial energy storage system, large-capacity grid source measurement and energy storage system, and EMS grid connection energy management system developed by the company have achieved multiple project deliveries.

cls.cnDec 12 19:57 ET

Weiteng Electric (688226.SH): A subsidiary plans to acquire a 51% stake in China Minmetals Guangfu held by its jointly-owned subsidiary Changhao New Energy.

On December 12, Gelonghui reported that Weiten Electric (688226.SH) announced that according to the company's Global Strategy planning, it is steadily expanding its Energy Business. Not only is it accelerating market pace in the fields of Energy equipment research and integration, but it is also accelerating progress in investment, construction, and operation and maintenance of Energy stations. Based on sufficient research and assessment of Zhongmin Guangfu, the existing 200MW/400MWh Energy station project is currently under construction. Through this acquisition, it is beneficial for the company to accelerate the transition from equipment research and manufacturing to the full industry model of Energy station investment and Operation. Weiten Energy Technology intends to use its own funds of 2.65 million yuan to acquire the public.

Gelonghui FinanceDec 12 06:19 ET

Zhitong Hong Kong Stock Shareholder Equity Disclosure | November 25

Hong Kong shareholder equity disclosure | November 25th

Zhitong FinanceNov 24 19:05 ET

Many hardcore aviation products made their debut at the Zhuhai Air Show. The participation of private enterprises in the 'small core, large cooperation' model continues to deepen.

①At the 15th Zhuhai Air Show, dozens of hardcore aero engine products made their first public appearance, particularly eye-catching; ②In the operating model of 'small core, large cooperation', the degree of participation of private enterprises continues to deepen.

cls.cnNov 17 21:56 ET

Express News | Chinese People Holdings Company H1 Gross Margin 12.31%

ReutersSep 26 20:17 ET