Improvement in water supply situation, China Yangtze Power's net profit in the first half of the year increased by nearly 30% year-on-year | Interpretations of financial reports

① The water supply situation for hydropower has improved year-on-year, and China Yangtze Power earned more than 11 billion yuan in the first half of the year; ② In the first half of the year, the company's domestic hydropower installed capacity was 71.695 million kilowatts, accounting for 16.79% of the national hydropower installed capacity.

cls.cnAug 30 11:25 ET

Datang International Power Generation's net profit doubled year-on-year in the first half of the year, and the water supply situation for hydropower continues to improve. Interpretations of the financial report.

①Due to the decrease in fuel prices and the increase in new energy installation, Datang International Power Generation's net profit in the first half of the year increased by over 100% compared to the same period last year; ②In terms of project reserves, the company's approved capacity for wind power and photovoltaic projects exceeded 4,000 megawatts in the first half of the year, and the total capacity under construction exceeded 6,000 megawatts.

cls.cnAug 22 10:35 ET

Changjiang Securities: nuclear power examination and approval to accelerate the judgment of the realization of power and coal management and control has been strengthened by the policy

Zhitong Financial APP learned that Changjiang Securities issued a research report saying that the executive meeting of the State Council proposed to fully release advanced coal production capacity, guide coal prices to operate within a reasonable range, and approve three new nuclear power unit projects that have been comprehensively evaluated and reviewed and incorporated into national planning. The expectation of accelerated approval of nuclear power projects has been fulfilled, and the relevant listed companies are expected to take the lead to benefit from the positive development of the industry; the market and planning are two sets of means in parallel, it is expected to jointly promote coal prices to return to the rational level in the two aspects of coal supply and demand and price guidance, and is optimistic about the marginal improvement of thermal power profitability. Event: on April 20, the executive meeting of the State Council decided on energy.

Moomoo NewsApr 20, 2022 22:31 ET

China's Shanxi Province Records 78% Jump in Exports in January-October Period

MT NewswiresNov 24, 2021 00:16 ET

Chinese Shares Mixed; Aluminum Smelters, Steelmakers Gain as Energy Shortage Eases -- Market Talk

Dow Jones NewswiresNov 7, 2021 21:10 ET

Market Chatter: China's Aluminum-Producing Province Cancels Power Subsidies For Aluminum Firms

MT NewswiresNov 3, 2021 00:54 ET