The decrease in fuel costs combined with the expansion of New energy Fund led Huaneng Power International, Inc. to earn over 10 billion last year | Interpretations

① Huaneng Power International made over 10 billion in profit last year, a 20% year-on-year increase; ② The company stated that the growth in Net income was primarily due to the reduction in domestic fuel costs which promoted increased profits in thermal power, and the orderly expansion of the company's New energy Fund has contributed to additional profits.

cls.cnMar 25 11:13 ET

Trading will be suspended starting tomorrow as Inner Mongolia Mengdian Huaneng Thermal Power Corporation plans to acquire equity in two New energy Fund companies | Read the announcement.

① Inner Mongolia Mengdian Huaneng Thermal Power Corporation announced plans to acquire 60% equity in Zhenglanqi Wind Power and 75.51% equity in Northern Duolun, with stocks suspended starting tomorrow; ② From August to December 2024, Inner Mongolia Mengdian Huaneng Thermal Power Corporation disclosed plans to invest approximately 9.1 billion yuan to construct three major clean energy projects.

cls.cnFeb 10 09:21 ET

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

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