600956 China Suntien Green Energy Corporation
- 7.78
- -0.08-1.02%
China Suntien Green Energy Corporation News
Swhy: The growth rate of phase demand slows down, the new production capacity continues to increase, and the profitability of the new energy industry is under overall pressure.
In 2024, the overall growth rate of electric, wind and energy storage is still facing the main constraints of the slowdown in phased demand growth and the continuous increase in new production capacity. The industry's profits are still under pressure, and corresponding funds will flow more to stocks with performance certainty.
China Suntien Unveils Strategic Action Plan 2024
Huaxi Securities: Rigid demand emerges, global electrical utilities system welcomes development opportunities.
From an overseas perspective, the global new energy installed capacity is growing rapidly, driven by the upgrading of power grids, increased infrastructure support, large-scale expansion of manufacturing industry, datacenter construction, and cross-border interconnection of power grids. The investment in power grids has entered a prosperous cycle, and the overseas power equipment market has considerable potential.
Venture-Capital Investments In Carbon Tech Reached A Record Last Year -- Market Talk
1304 ET - Venture-capital firms last year invested a record $17.7 billion in so-called carbon-tech businesses-or developers of technologies that monitor carbon in ecosystems, capture and store carbon
Cautious Investors Not Rewarding China Suntien Green Energy Corporation Limited's (HKG:956) Performance Completely
China Suntien Green Energy Corporation Limited's (HKG:956) price-to-earnings (or "P/E") ratio of 6.5x might make it look like a buy right now compared to the market in Hong Kong, where around half of
China Suntien Green Energy Corporation (600956.SH): Plans to increase capital to the same proportion as the subsidiary, Xintian Weichang, year-on-year.
On June 28th, China Suntien Green Energy Corporation (600956.SH) announced that its wholly-owned subsidiary Jian Tou New Energy and its controlling shareholder Hebei Jian Tou have jointly invested in a new energy fund company named Xintian Field. Before this capital increase, the registered capital was RMB 736 million, of which Jian Tou New Energy contributed RMB 716 million, accounting for 97.28% of the capital, and Hebei Jian Tou contributed RMB 20 million, accounting for 2.72% of the capital. Both parties have completed their respective contributions. Jian Tou New Energy and Hebei Jian Tou plan to make a total currency investment of RMB 101.4 million in Xintian Field, in proportion to their current shareholdings, of which Jian Tou New Energy will contribute RMB 98.62 million
China Suntien (00956.HK): wholly-owned subsidiary participates in investing in the establishment of an investment fund.
On June 28th, Gelunhui released an announcement that on June 28th, 2024, the company will hold the ninth meeting of the fifth board of directors and approve the proposal of the company's wholly-owned subsidiary to participate in the investment of the establishment of Yangzhou Jijiantou Phase I Technology Entrepreneurship Investment Partnership Enterprise (Limited Partnership). The company agreed that its wholly-owned subsidiary, Jiantou Huineng, would participate in the investment of Yangzhou Jijiantou Phase I Fund. The target fund-raising scale of Yangzhou Jijiantou Phase I Fund is RMB 108 million, of which Jiantou Huineng, as a limited partner, will contribute RMB 22 million, and Jiantou Guorong, as a limited partner, will contribute 2 million yuan.
Sustainability Column: How is the Chinese market for geothermal power generation, which Buffett is interested in?
The electric energy hidden underground is becoming a clean resource mine in the eyes of technology giants and conglomerates.
Electrical utilities sector charged successfully?
Extreme weather is affecting electrical utilities supply. Since the start of summer, most southern regions have experienced continuous rainfall, with some areas facing flood situations. Meanwhile, northern regions have been experiencing sustained high temperatures leading to severe drought in some areas. This polarization of south flooding and north drought has resulted in a rapid growth of electricity demand in the north, potentially extending the bullish trend in the electrical utilities sector.
China Suntien Green Energy Corporation Limited's (HKG:956) Market Cap Dropped HK$505m Last Week; Individual Investors Who Hold 49% Were Hit as Were Institutions
Key Insights Significant control over China Suntien Green Energy by private companies implies that the general public has more power to influence management and governance-related decisions A total
Hong Kong stock market change | CGN Power (01816) rose nearly 5%, leading the rise in electric utilities stocks. The policy focus is still on ensuring power consumption, and it is expected that the operators will be fully re-evaluated.
Zhitong Finance App learned that electric power stocks rose across the board today. As of press time, CGN Power (01816) rose by 4.81%, closing at HKD 3.27; China Suntien Green Energy Corporation (00956) rose by 4.25%, closing at HKD 3.8; Huaneng Power International, Inc. (00902) rose by 2.05%, closing at HKD 5.47; and Huadian Power International Corporation (01071) rose by 2.22%, closing at HKD 5.07. Changjiang Securities believes that the recent Notice on Doing a Good Job in the Consumption of New Energy and Ensuring the High-quality Development of New Energy issued by the National Energy Administration indicates that project construction for new energy and complementary power grids will be accelerate, and relevant units will be urged to cancel
Hong Kong stocks shocked: China Suntien Green Energy Corporation (00956) has dropped more than 4%, with a year-on-year decrease of 3.9% in power generation in May due to electricity price and consumption impact on new energy profits.
China Suntien Green Energy Corporation (00956) is now down more than 4%. As of publication, it has fallen 4.22% to HKD 3.86, with a turnover of HKD 66.699 million.
China Suntien Green Energy's May Power Generation Falls 4%
China Suntien Green Energy (HKG:0956) power generation slid 4.3% to 1.3 million megawatt-hours in April, according to a Friday filing with the Hong Kong bourse. Wind power generation declined 4% to 1.
In May, China Suntien Green Energy Corporation (600956.SH) saw a decrease of 3.88% in power generation compared to the same period last year.
China Suntien Green Energy Corporation (600956.SH) announced that according to preliminary statistics, in May 2024, the company and its subsidiaries ...
CHINA SUNTIEN: THE POLL RESULTS AT THE 2023 ANNUAL GENERAL MEETING DISTRIBUTION OF FINAL DIVIDEND
China Suntien (00956.HK): Generated 1.1947 million megawatt-hours of electricity in May, a year-on-year decrease of 3.88%.
On June 7th, Gelunhui reported that in May 2024, China Suntien and its subsidiary companies (together referred to as the "Group") completed a generating capacity of 1,194,674.18 MWh on a consolidated basis, a decrease of 3.88% from the previous year. As of May 31, 2024, the cumulative generating capacity completed was 6,575,980.69 MWh, a decrease of 4.18% year-on-year.
Express News | China Suntien Green Energy Corp - Power Generation for May 1.2 Mln Mwh, Down 3.88%
HK stocks abnormal | Datang Renew (01798) rose more than 5%, leading the wind power stocks. The wind power projects are progressing in an orderly manner, and the bidding for offshore wind power is expected to grow rapidly.
Wind power stocks lead the gains. As of the time of publication, Datang Renewables (01798) rose 5.47% to HKD 2.12; China Longyuan (00916) rose 3.4% to HKD 7.91; Dongfang Electric Corporation (01072) rose 3.27% to HKD 13.28.
Hong Kong stocks unusual movement | China Longyuan Power (00916) rose more than 4%, leading wind power stocks. The energy-saving and carbon reduction action plan has been released, and the construction of offshore wind power is expected to accelerate.
Wind power stocks continue their recent uptrend. As of the time of writing, China Longyuan Power Group Corporation Limited (00916) is up 4.69% at HKD 7.59, China Suntien Green Energy Corporation Limited (00956) is up 4.27% at HKD 3.91, Dongfang Electric Corporation Limited (01072) is up 3.88% at HKD 13.38, and Goldwind Science& Technology Co., Ltd. (02208) is up 2.79% at HKD 3.68.
Hong Kong stock concept tracking | National Energy Administration: Further promote the participation of new energy fund in the electrical utilities market. The wind power industry has ushered in a number of bullish policies (attached to concept stocks).
Provincial energy regulatory authorities, dispatch agencies of the National Energy Administration, and relevant departments should accelerate the construction of electricity market mechanisms that are compatible with the characteristics of new energy in accordance with their responsibilities.
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