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Jinpan Technology (688676.SH): Won the bid for CGN NEW ENERGY's 2025 energy storage system framework procurement project.
On January 22, Gelonghui reported that Jinpan Technology (688676.SH) announced it has recently received the bidding notice for the "CGN NEW ENERGY 2025 Annual Energy Storage System Framework Procurement (Lot 4)." This successful bid is for the CGN NEW ENERGY 2025 Annual Energy Storage System Framework Procurement, which falls under the company's regular Operation activities. The bid amount is 694.5 million yuan (including tax), with a tax-exempt amount of 614.6018 million yuan, accounting for 9.22% of the company's audited revenue (tax-exempt) for 2023, with the final procurement quantity subject to actual project requirements.
China Securities Co.,Ltd.: The demand for green electricity in AI Datacenters is expected to bring additional doubling space for the Energy Storage Industry Chain within three years.
Datacenters open up further growth space for light storage, and the pairing of datacenters with storage is expected to become an industry trend. It is recommended to pay attention to competitive leading energy storage system suppliers and energy storage PCS manufacturers.
Hong Kong stocks morning report on January 13: USA employment data exceeds expectations, China Concept Stocks generally decline.
① The number of non-farm jobs in the USA increased by 256,000 in December, higher than market expectations. ② The yield on 30-year US Treasury bonds rose to 5%, reaching the highest level since November 2023. ③ The three major US stock index fell last Friday, with China Concept Stocks experiencing widespread declines. ④ The 18th ASIA FINANCIAL Forum will be held in Hong Kong. ⑤ The International Monetary Fund warns that Trump's tariff policy exacerbates Global economic uncertainty.
CGN NEW ENERGY (01811.HK) has cumulatively completed a power generation of 19,149.7 gigawatt-hours in 2024, with a year-on-year growth of 0.4%.
Glory Definition reported on January 10 that CGN NEW ENERGY (01811.HK) announced that, according to the company's preliminary Statistics, by December 2024, the group completed a power generation of 1,465.6 GWh on a consolidated basis, a decrease of 13.6% compared to 2023. Among them, wind power projects in China decreased by 17.1%, CECEP Solar Energy projects increased by 13.3%, combined heat and power as well as gas projects in China decreased by 20.8%, hydroelectric projects in China increased by 63.7%, and projects in South Korea decreased by 15.3%. As of December 31, 2024, the group has cumulatively completed a power generation of 19,149 this year.
Express News | CGN New Energy - December Power Generation Amounted to 1,465.6Gwh
Counterpoint Research: By the first half of 2024, China will exceed 60% of the Global passenger electric vehicle market share.
Advanced technology, manufacturing automation, and the ability to provide feature-rich products at competitive prices have given Auto Manufacturers in China an advantage for Global expansion.
102877280 : opposite OMG