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GTJA Utilities Q2 Performance Forecast: Thermal Power Profit Differentiation, Hydropower Trending Upward.
Under the equity mapping properties of power reform catalysis and long-term interest rate bonds, industry valuation is expected to improve, and a "shareholding" rating is maintained.
Huaxi Securities: Rigid demand emerges, global electrical utilities system welcomes development opportunities.
From an overseas perspective, the global new energy installed capacity is growing rapidly, driven by the upgrading of power grids, increased infrastructure support, large-scale expansion of manufacturing industry, datacenter construction, and cross-border interconnection of power grids. The investment in power grids has entered a prosperous cycle, and the overseas power equipment market has considerable potential.
Vpower Group (01608.HK): Deloitte Touche Tohmatsu Limited's Guan Huang and Chen Fang have been appointed as auditors.
On June 18th, GeLongHui reported that VPower Group (01608.HK) proposed to replace the company's auditor. Deloitte Touche Tohmatsu Certified Public Accountants LLP has been appointed as the new auditor and will take effect upon the conclusion of the shareholders' annual meeting.
Electrical utilities sector charged successfully?
Extreme weather is affecting electrical utilities supply. Since the start of summer, most southern regions have experienced continuous rainfall, with some areas facing flood situations. Meanwhile, northern regions have been experiencing sustained high temperatures leading to severe drought in some areas. This polarization of south flooding and north drought has resulted in a rapid growth of electricity demand in the north, potentially extending the bullish trend in the electrical utilities sector.
VPower Group to Sell Off Power Generation Assets
VPower Group (HKG:1608) entered into a memorandum of understanding (MOU) with China National Technical Import & Export (CNTIC) to dispose of power generation fixed assets and to secure a long-term exc
Vpower Group International Proposes Change in Auditor
Vpower Group International Holdings (HKG:1608) has recommended changing its auditor, Ernst and Young, after seven years of service due to matters related to audit fees, according to a Friday filing on
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