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Hydrogen energy concept stocks are performing well. Enn Energy (02688) rose by 4.88%, and Sichuan is further promoting the development of the entire hydrogen energy industry chain.
Jingu Finance News | Stocks related to hydrogen energy concept are performing well, with ENN Energy (02688) up 4.88%, Jingcheng MAC (00187) up 4.71%, Ch Energy Eng (03996) up 2.73%, Weichai Power (02338) up 2.39%, and Dongyue Group (00189) up 1.47%. On the news front, the General Office of the People's Government of Sichuan Province issued the 'Action Plan for Further Promoting the Development and Popularization of the Entire Hydrogen Energy Industry Chain in Sichuan Province (2024-2027)'. It aims to promote the hydrogen energy industry in Sichuan Province by 2027 in high-end equipment, key core technologies, basic materials.
Green energy concept stocks are strong. Xinte Energy (01799) rose by 28.18%. Institutions believe that the earnings situation of green energy operators is expected to rebound from the bottom.
Jingu Wealth News | Green energy concept stocks were strong, Xinte Energy (01799) rose by 28.18%, Flat Glass (06865) rose by 11.97%, Goldwind Science & Technology (02208) rose by 5.64%, Xinyi Energy (03868) rose by 4.35%, CGN New Energy (01811) rose by 1.26%, ENN Energy (02688) rose by 1.21%. Huayuan Securities stated that on October 25th, the State Grid Corporation issued the "National Unified Electricity Market Development Plan Blue Book (Draft for Soliciting Opinions)" which provides a prospect and clear plan for the establishment of the national electricity market in China, planning for 2025.
[Brokerage Focus] Bocom Intl maintains a buy rating on ENN Energy (02688), with Q3 retail gas sales volume and gross margin in line with expectations.
Golden King Finance | Bocom Intl issued research reports, stating that enn energy (02688) released operating data for the third quarter, with a 5.5% year-on-year increase in retail gas volume and a gross gas margin of 0.54 yuan per cubic meter. Both retail gas sales volume and gross margin are in line with expectations. Currently, the company maintains guidance for a 5% increase in retail gas sales volume and a 10% increase in sector gross profit for the full year 2024. As for the renewable energy sector, sales volumes in the third quarter/the first nine months increased by 13%/21% year-on-year, and management expects heat sales to increase quarter-on-quarter in the fourth quarter of this year. With new projects contributing additional revenue, the company still expects the overall energy sales to basically achieve year-on-year growth.
ENN's Integrated Energy Sales Jump 21% in Nine Months to September
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ENN Energy Sees Growth in Integrated Energy and Gas Sales
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