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China Power Secures Wastewater Upgrade Deals With Yuanda
CHINA POWER (02380.HK): Pingwei II Power and Pingwei III Power have entered into a general contracting agreement.
On December 19, Glorious Holdings reported that CHINA POWER (02380.HK) announced that on December 19, 2024, Pingxie No. 2 Power and Pingxie No. 3 Power (both subsidiaries with a 60% equity stake owned by the company) signed General Contract I and General Contract II with Yuanda Water Affairs. According to these general contracts, Yuanda Water Affairs will provide services for the upgrading project of the wastewater treatment facilities for Pingxie No. 2 Power and Pingxie No. 3 Power at a total price of 79,802,500 yuan.
Express News | China Power International Development - Epc Contract for RMB79.8 Mln
Express News | China Power International Development - Yuanda Waterworks to Provide Services for Wastewater Treatment Facilities Upgrade for Co's Units
Hong Kong Stock Concept Tracking | Accelerate the construction of a unified national Electrical Utilities market, the Electrical Utilities Sector benefits from central state-owned enterprise Market Cap management (with related stocks attached).
Central enterprises' Market Cap management opinions are being implemented, and Institutions state that the investment value of dividend Assets is becoming prominent.
[Brokerage Focus] FIRST SHANGHAI maintains a "Buy" rating on CHINA POWER (02380). The accelerated development of new energy projects will bring stable profit growth.
Jinwu Finance | FIRST SHANGHAI released a Research Report indicating that CHINA POWER (02380) had a total consolidated electricity sales volume of 108,220,668 megawatt-hours in the first ten months of 2024, an increase of 30.56% compared to the same period last year. Thanks to the new installed capacity, the company's controlled wind power electricity sales grew by 57.05% year-on-year; photovoltaic electricity sales increased by 79.55% year-on-year. Hydropower benefited from a recovery in water levels in the first half of this year, with electricity sales growing by 62.62% year-on-year. The company's overall electricity sales growth rate performed excellently in the Industry, showcasing the steady advancement of the company's incremental projects, thereby driving rapid development in electricity sales business. The bank stated that the public
China Power International Development (HKG:2380) Will Want To Turn Around Its Return Trends
