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Spic Yuanda Environmental-Protection (600292.SH): plans to invest in the Huainan Pingxu Power Plant Phase IV 2×1000MW flue gas treatment operation project.
On December 12, Gelonghui reported that Spic Yuanda Environmental-Protection (600292.SH) announced that its wholly owned subsidiary, the Franchise Management Company, intends to establish a branch in Pingxue, relying on the construction of desulfurization, denitrification, and dust removal facilities for the 2×1000MW units of the Pingxue Power Plant Phase IV, and will sign a "Franchise Contract" with the Pingxue Power Plant to conduct flue gas treatment franchise business. The project's static investment is 0.641 billion yuan, and dynamic investment is 0.662 billion yuan, with a franchise period of no less than 20 years. It is expected that the project's average annual total profit will be 18.89 million yuan, and the average annual Net income will be 13.45 million yuan. This Trade is beneficial for Spic Yuanda Environmental-Protection to further expand its market in Anhui and surrounding areas, obtaining.
FIRST SHANGHAI: Maintains CHINA POWER 'Buy' rating with a Target Price of 4.73 Hong Kong dollars.
FIRST SHANGHAI has published a research report stating that it maintains a "Buy" rating for CHINA POWER (02380), expecting the company's net income attributable to the parent from 2024 to 2026 to be 5.1/6/7.1 billion yuan, with year-on-year growth of 92%/17%/18%, and a target price of 4.73 HKD. The company has a high certainty of profit growth in 2024, with returns from self-invested projects increasing under the current trend of low cost; hydropower profits benefit from the recovery of water inflow. FIRST SHANGHAI's main points are as follows: Significant increase in electricity sales in the first ten months: According to the company announcement, the consolidated total electricity sales for the first ten months of 2024 was 108,220,668 megawatt-hours, compared to last year.
Spic Yuanda Environmental-Protection (600292.SH): Has not yet established a cooperation relationship with China Resource Recycling Group.
On November 22, Gelunhui reported that Spic Yuanda Environmental-Protection (600292.SH) stated on the investor interaction platform that, as far as we know, the company currently has not established a cooperation relationship with China Resources Recycling Group.
Spic Yuanda Environmental-protection (600292.SH): The retired wind turbine blade business is currently undergoing the construction of a pilot demonstration line.
Gelonghui November 22nd | spic yuanda environmental-protection (600292.SH) stated on the investor interaction platform that the company's retired wind turbine blades business is currently conducting pilot demonstration line construction, with technology independently developed, and currently not cooperating with other companies.
spic yuanda environmental-protection (600292.SH): Director and General Manager Peng Shuangqun resigns.
Gelonghui November 15th | Spic Yuanda Environmental-Protection (600292.SH) announced that the board of directors of the company recently received a written resignation application from Director and General Manager Mr. Peng Shuangqun. Due to job changes, Mr. Peng Shuangqun intends to resign from the director of the tenth board of directors, the general manager of the company, and the member of the tenth board of directors global strategy and investment committee. After resigning, he will not hold any position in the company.
spic yuanda environmental-protection (600292.SH): Some equipment for wind turbine blade technology demonstration line has arrived.
Grain River News, November 12th | spic yuanda environmental-protection (600292.SH) stated on the investor interaction platform that the company's battery dismantling has been completed and assembled, the photovoltaic module dismantling has signed a demonstration project contract, and some equipment for the wind turbine blade technology demonstration line has arrived.
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