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Express News | China Yangtze Power Says Its Unit Plans to Invest up to 11.0 Bln Yuan in Pumped Storage Power Station Project
China Yangtze Power (600900.SH): plans to invest no more than 10.997 billion yuan to build the Guanghanping pumped storage power station project in Hunan.
China Yangtze Power (600900.SH) announced on July 19th that the board of directors has agreed to invest in the construction of the Guanghanping Pumped Storage Power Station project in Youxian County, Hunan by Hunan Youxian Pumped Storage Energy Co., Ltd., with a total investment not exceeding 10.997 billion yuan, of which capital accounts for 20% of the total investment.
The YinHua Fund's Jiao Wei's second quarter report is out! Haier SmartHome (600690.SH) and China Yangtze Power (600900.SH) are the new top ten heavy-weighted stocks, reducing their holdings in high-end consumer products.
On July 18th, Silver Fund released its Q2 2024 report for its funds.
China Yangtze Power (600900.SH): All six cascade hydropower stations under its jurisdiction have completed the industrial internet platform deployment.
China Yangtze Power (600900.SH) stated on its investor interaction platform on July 18 that all six cascade hydropower stations owned by China Yangtze Power have completed the deployment of the industrial Internet of Things (IoT) platform by now. After the application of the 'industrial brain' to the basin power station group, the comprehensive utilization rate of water resources, the operational efficiency of power stations, and the reliability of operation and safety will be greatly improved, which is a vivid practice of the empowerment of new industrialization with '5G+industrial Internet of Things'.
China Yangtze Power (600900.SH): No funds have been invested in the construction of two large hydropower stations in Argentina.
China Yangtze Power (600900.SH) stated on the investor interaction platform that they have not invested any capital in the construction of two large hydroelectric power stations in Argentina.
China Yangtze Power (600900.SH): Large hydropower business cannot directly obtain revenue through green certificate trade.
On July 18th, State Grid Corporation of China (SGCC) stated on the interactive platform that currently, China Yangtze Power's large hydropower business cannot directly obtain benefits through green certificate trading. However, clean hydropower is preferred by outward-oriented enterprises in the power-receiving provinces and cities, which is conducive to the company's acquisition of certain competitive advantages in market trading and user development.
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