China Datang Corporation Renewable Power (HKG:1798) Hasn't Managed To Accelerate Its Returns
Tianfeng: How will government debt relief in 2025 affect the Eco-friendly Concept public utility industry?
Debt restructuring is expected to relieve the pressure of receivables for eco-friendly enterprises, primarily through: issuing new Bonds to pay off corporate debts; alleviating government debt pressure, optimizing the pace of fiscal spending; and improving the business environment to create a positive cycle of economic development.
Selected announcements | Ping An Insurance's original premium income in the current year is nearly 800 billion yuan; GANFENGLITHIUM's Goulamina spodumene project phase one has officially gone into production.
In the first 11 months, New China Life Insurance accumulated original insurance premium income of 163.1663 billion yuan, a year-on-year increase of 2.2%; Ideal Autos granted a total of 3.94697 million restricted stock units.
Datang Renewable Power's November Power Generation Slides 17%
DATANG RENEW (01798.HK): In November, the total electricity generation was 2.7773 million megawatt-hours, a decrease of 16.60% year-on-year.
On December 13, Gelonghui reported that DATANG RENEW (01798.HK) announced that, according to preliminary Statistics, the group completed a power generation of 2.7773 million megawatt-hours in November 2024, a decrease of 16.60% compared to 2023. Among them, the completed wind power generation was 2.5297 million megawatt-hours, a decrease of 19.43% compared to 2023; the photovoltaic generation was 0.2476 million megawatt-hours, an increase of 29.97% compared to 2023. As of November 30, 2024, the group had accumulated a total power generation of 28.7502 million megawatt-hours in 2024, compared to 20.
Express News | China Datang Corp Renewable Power - Power Generation for Nov on CONSOL Basis 2.8 Mln Mwh
DATANG RENEW (01798.HK): Zhu Mei resigns as Non-executive Director.
Gelonghui, December 10, announced that Mrs. Zhu Mei has proposed to resign from her position as a non-executive director of DATANG RENEW and a member of the Board of Directors' Compensation and Assessment Committee, effective from December 10, 2024.
China Datang Corp. Renewable Power Issues 1.3 Billion Yuan Debentures
Datang Renew (01798.HK) has completed the issuance of 1.3 billion yuan in ultra-short-term financing bonds.
On December 5th, GeLongHui reported that Datang Renew (01798.HK) announced that the company completed the issuance of the third batch of ultra-short-term financing bonds for the year 2024 on December 3, 2024. The total amount of this issuance is 1.3 billion yuan, with a maturity period of 79 days (maturity date is February 21, 2025). The face value is 100 yuan, the interest rate is 1.87%, and interest starts accruing from December 4, 2024. The proceeds from this issuance will be used for the repayment of existing interest-bearing debts, supplemental working capital, and other legal and compliant purposes.
Datang Renewable to Redeem 2 Billion Yuan of 3.52% Bonds in January
Citic Securities: The construction of a new electrical utilities system promotes the sustainable development of the power grid. It is expected that the investment growth rate of the power grid in 2025 will maintain double-digit growth.
In 2025, electrical utilities construction will continue to focus on the long-term requirements of "dual carbon" transformation and the construction of new power systems, continuing the trend of balancing the main grid and the distribution side of electrical utilities.
China Securities Co., Ltd. Power Equipment New Energy Fund 25-year investment strategy: grasp three types of assets, energy storage dominates the whole year.
china securities co.,ltd. is most bullish on energy storage in the new energy fund sector of the power equipment sector.
China Logs 15% Rise in Installed Power Generation in January-October
The usa offshore wind project is hindered, with industry experts predicting that the usa will complete less than half of its emissions reduction target by 2030.
① The global offshore wind power projects are likely to fail to achieve the previously ambitious goals due to soaring costs, project delays, and insufficient supply chain investment; ② The International Renewable Energy Institutions estimate that the global installed capacity of offshore wind power will fall short of the target by one-third, while other institutions believe that the usa will not be able to achieve half of its emission reduction targets by 2030.
Hong Kong stocks movement | Wind power shares surged during trading. In the first three quarters, the domestic wind power bidding volume was obviously significant, and overseas demand resonated and expanded.
Wind power stocks rose during the trading session. As of the time of publication, Goldwind Science& Technology (02208) increased by 4.35% to HKD 6.24; China Longyuan (00916) rose by 3% to HKD 6.87; China Suntien (00956) rose by 2.68% to HKD 3.45; Datang Renew (01798) rose by 1.99% to HKD 2.05.
No more 'selling by the catty'! Wind power self-discipline convention 'full moon' industry chain companies see the dawn.
① One month after signing the industry self-discipline convention, several recent projects have been awarded to bidders who did not offer the lowest price, and the bidding party has begun to modify the rules, indicating that the wind power industry is showing signs of breaking away from intense competition; ② Industry insiders indicate that all links of the wind power industry chain still need to continue making efforts, considering the economic benefits generated throughout the entire lifecycle rather than short-term costs, solidifying the results of breaking out of the intense competition.
Estimating The Intrinsic Value Of China Datang Corporation Renewable Power Co., Limited (HKG:1798)
datang renew (01798.HK) completed a generating capacity of 2.79 million megawatt hours in October, a year-on-year increase of 24.69%.
On November 14, Gelonghui announced that datang renew (01798.HK) completed a total electricity generation of 2,790,062 MWh for the fiscal year ending in October 2024, which is an increase of 24.69% year-on-year compared to 2023. Among this, the wind power generation was 2,515,371 MWh, up 23.76% year-on-year; and the photovoltaic generation was 274,691 MWh, up 33.97% year-on-year. As of October 31, 2024, the group's cumulative electricity generation reached 25,972,899 MWh.
Express News | China Datang Corp Renewable Power - October Power Generation on Consolidated Basis 2.8 Mln Mwh
Datang Renew (01798.HK) plans to redeem "24 Datang Renew SCP002" on November 19th.
Gelonghui November 12th | Datang Renew (01798.HK) announced the redemption of the principal and interest of the second tranche of ultra-short-term financing notes for the fiscal year 2024. Ultra-short-term financing notes name: China Datang Group New Energy Co., Ltd. 2024 second tranche of ultra-short-term financing notes; Ultra-short-term financing notes abbreviation "24 Datang New Energy SCP002"; Total issuance amount of ultra-short-term financing notes: 0.5 billion yuan; Redemption date: November 19, 2024.
No Data