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Guangzhou Development Issues 500 Million Yuan Medium-Term Bonds
Guangzhou Development Group Incorporated (600098.SH): The company and its subsidiaries plan to increase the capital of New Energy Fund Group by 1.528 billion yuan and 1.018 billion yuan respectively.
On July 25th, Guangzhou Development Group Incorporated (600098.SH) announced that in order to meet the needs of new energy business development, optimize capital structure and enhance corporate competitiveness, the company and its wholly-owned subsidiaries' corporate operation management companies have increased their capital to New Energy Fund by 1.528 billion yuan and 1.018 billion yuan respectively.
Guangzhou Development Group Incorporated (600098.SH): Subsidiary plans to dynamically adjust non-resident pipeline gas sales prices.
On July 25th, Guanzhou Development Group Incorporated (600098.SH) announced that it recently received a notice from Guangzhou City Development and Reform Commission on the second dynamic adjustment of non-residential pipeline natural gas sales prices and related issues in 2024. In order to effectively ensure the supply of natural gas in 2024, in accordance with the requirements of the Notice of Guangdong Provincial Development and Reform Commission on the Management Measures for Urban Pipeline Gas Prices and Pipeline Transportation Prices, the linkage adjustment of the gas source prices and sales prices for non-residential pipeline natural gas is initiated. Starting from July 20, 2024, the highest selling price for non-residential pipeline natural gas in Guangzhou City.
Guangzhou Development Group Incorporated (600098.SH): the total compensation for the transferred land and related above-ground assets is between 1.52-1.83 billion yuan.
Guangzhou Development Group Incorporated (600098.SH) announced on July 25th that in order to implement the decision-making arrangements of the Guangzhou Municipal Government, cooperate with the overall urban planning for urban renewal and land resource optimization utilization in the area, the company plans to transfer the Guangsheng (Luochongwei Power Plant) land (referred to as the "Guangsheng land") to storage. The Land Acquisition Office of the Baiyun District Government of Guangzhou has issued a "Letter from the Land Acquisition Office of the Baiyun District Government of Guangzhou on the Acquisition of the Luochongwei Power Plant Site in the Songxi Project of the Guangzhou Bay Area New Coast (Luochongwei) Area." The total compensation amount for the land and the above-ground assets involved in this storage is RMB 15.2.
Guangzhou Development's Power Generation Jumps 12.5% in H1
Guangzhou Development Group Incorporated (600098.SH) achieved a year-on-year increase of 12.5% in cumulative power generation in the first half of the year.
Guangzhou Development Group Incorporated (600098.SH) released its major business data for the first half of 2024, with a breakdown from April to ...
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