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China Longyuan Faces Rates Risk While Shares Appear Cheap -- Market Talk
China Longyuan Power's Output Slides 19% in November
China Longyuan (001289.SZ) saw a 19.35% year-on-year decrease in power generation in November.
China Longyuan (001289.SZ) announced that the company will complete power generation according to consolidated financial statements in November 2024...
China Longyuan Power Sees Shift in Energy Generation Strategy
In November, china longyuan (00916.HK) achieved a generation volume of 6.073 million megawatt-hours according to the consolidated financial statements, a year-on-year decrease of 19.35%.
Gelonghui reported on December 6 that China Longyuan (00916.HK) announced that according to the company's preliminary statistics, in November 2024, the power generation completed according to the consolidated statements was 6,073,467 megawatt-hours, a year-on-year decrease of 19.35% compared to the same period in 2023. Among this, wind power generation decreased by 13.34%, primarily due to a significant decrease in wind speed compared to the same period last year, while other renewable energy generation increased by 51.82%. As of November 30, 2024, the company had cumulatively completed a power generation of 68,817,327 megawatt-hours, a year-on-year increase compared to 2023.
Express News | China Longyuan Power - Nov Power Generation on a CONSOL Basis 6.1 Mln Mwh