Last year's net profit is expected to reduce losses to around 100 million yuan. Henan Yuneng Holdings is making significant investments in pumped storage projects | Interpretations.

① Henan Yuneng Holdings is expected to reduce losses to around 1 billion yuan in 2024; ② the company is making significant investments in pumped storage power projects.

cls.cnJan 24 10:04 ET

Datang International Power Generation's net profit is expected to more than double last year, benefiting from efforts to reduce fuel costs | Interpretations

① With both thermal and hydropower making strong efforts, Datang International Power Generation's net profit last year more than doubled year-on-year; ② Looking ahead to 2025, the industry generally believes that Thermal Coal prices will be in a narrow fluctuation trend.

cls.cnJan 24 08:57 ET

Investment income increases, GD Power Development expects to earn nearly 10 billion in 2024 | Interpretations

① GD Power Development expects to achieve a net income of nearly 10 billion yuan in 2024, marking its best performance since being listed in 1997; ② Due to the impact of impairment provisions for the Daxingchuan power station included in regular gains and losses, the company's non-deductible net income is expected to decline by more than 10% year-on-year in 2024.

cls.cnJan 21 10:08 ET

The competition in the wind power industry has reached the component sector, and Tongyu Heavy Industry expects to incur losses in the peak season of Q4 last year. | Interpretations

On the evening of the 21st, Tongyu Heavy Industry announced that it expects a significant decline in performance of about 80% in 2024. According to the company's forecast data, there will be losses in the normally busy fourth quarter. The company stated that intensified competition in the wind power industry and falling product prices have greatly impacted its performance.

cls.cnJan 21 08:06 ET

Intensified competition puts pressure on gross margin, Luoyang Xinqianglian Slewing Bearing expects a significant decline in performance for the 2024 fiscal year | Interpretations

① In 2024, the competition pressure in the wind power industry is being passed upstream, leading to performance pressure for wind power component companies. Luoyang Xinqianglian Slewing Bearing expects a significant decline in the company's performance year-on-year in 2024; ② Some industry insiders have indicated to reporters from Cai Lian She that there are signs of easing in the internal competition of the wind power industry.

cls.cnJan 21 07:57 ET

Jointo Energy Investment's non-recurring net profit increased by more than 50 times last year, with profits from the thermal power main business rising. | Interpretations

① Jointo Energy Investment expects that the net income attributable to the parent will increase nearly 1.8 times year-on-year in 2024; the net income after deducting non-recurring gains and losses is expected to increase by more than 55 times year-on-year; ② Regarding the reasons for the performance changes, Jointo Energy Investment stated that in 2024, the company will achieve an increase in power generation and heating volume year-on-year, while fuel costs will decrease year-on-year.

cls.cnJan 20 10:10 ET