CHINA HK POWER: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
The usa offshore wind project is hindered, with industry experts predicting that the usa will complete less than half of its emissions reduction target by 2030.
① The global offshore wind power projects are likely to fail to achieve the previously ambitious goals due to soaring costs, project delays, and insufficient supply chain investment; ② The International Renewable Energy Institutions estimate that the global installed capacity of offshore wind power will fall short of the target by one-third, while other institutions believe that the usa will not be able to achieve half of its emission reduction targets by 2030.
China HK Power Smart Energy Group Forecasts Wider Loss in Fiscal H1
China hk power (00931.HK) issues a profit warning: expects a mid-term net loss of 50 million to 65 million Hong Kong dollars.
On November 15, Guolonghui announced that china hk power (00931.HK) estimated that for the six-month period ending September 30, 2024 ("this mid-term period"), it could record a loss attributable to shareholders of about 50 million to 65 million Hong Kong dollars, compared to a loss attributable to shareholders of approximately 47 million Hong Kong dollars for the six-month period ended September 30, 2023 ("corresponding mid-term period"). The board of directors wishes to point out that the period from April to September every year is the off-season for the company's liquefied natural gas business and for providing heating energy services in northern china (the largest sector within the group's new energy fund). However,
CHINA HK POWER: PROFIT WARNING
China HK Power (00931.HK) held a board of directors meeting on November 29 to consider and approve the mid-term performance.
Grants11th, china hk power (00931.HK) announced that the board of directors will hold a meeting on Friday, November 29, 2024 to consider and approve the unaudited interim performance of the company and its subsidiaries for the six months ending September 30, 2024, and to consider the payment of interim dividends (if any), as well as handling other matters.
CHINA HK POWER: DATE OF BOARD MEETING
China HK Power Smart Energy Faces Court Ruling Impact
China HK Power (00931.HK) received Jian Zhijian's shareholding of 4 million common shares, worth approximately 1.5904 million Hong Kong dollars.
Reported on October 14th, according to documents disclosed by the Hong Kong Stock Exchange on October 14th, Jian Zhijian increased his shareholding in China HK Power (00931.HK) by an average price of 0.3976 Hong Kong dollars per share on October 10th, acquiring 4 million ordinary shares, valued at approximately 1.5904 million Hong Kong dollars. After the increase, Jian Zhijian's latest shareholding amount is 4.029 billion shares, and the shareholding ratio has increased from 60.32% to 60.38%. Image Source: Stock Exchange Equity Disclosure. What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) must disclose their shareholding in listed companies.
China HK Power (00931.HK) plans to invest over 0.4 billion RMB in the Xi'an sewage source system project.
China HK Power (00931.HK) announced that it has signed a strategic cooperation framework agreement with the People's Government of Weiyang District, Xi'an, regarding the franchise operation rights for the centralized municipal cooling/heating project in clean energy. The group will invest up to approximately 0.417 billion RMB in this project, constructing a 182.2MW integrated energy station and a 5 million square meter sewage source system in the Weiyang Lake area of Xi'an, as well as laying down transmission and distribution pipelines. After completion, the group will obtain the franchise operation rights for this project.
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Wuxi AppTec (02359) plans to repurchase 1 billion yuan of A shares to further maintain the company's value and shareholder rights; Baiyunshan (00874): glyceryl trinitrate injection has passed the generic drug quality and efficacy consistency evaluation.
China HK Power (00931.HK) plans to invest up to approximately 0.417 billion yuan in the Weiyang Lake area of Xi'an to build a 182.2MW comprehensive energy station and a 5 million square meter sewage source system.
China HK Power (00931.HK) announced that its wholly-owned subsidiary, HK Power Investment (Shenzhen) Co., Ltd., has signed a strategic cooperation framework agreement with the People's Government of Weiyang District, Xi'an City, regarding the franchise operation rights of the clean energy municipal centralized cooling/heating project. The group will invest up to approximately RMB 0.417 billion in this project in the Weiyang Lake area of Xi'an City, constructing a 182.2MW integrated energy station and a 5 million square meter sewage source system, as well as laying transmission and distribution pipelines. After completion, the group will obtain the franchise operation rights of the project. The framework agreement is an initial agreement between the two parties, with detailed provisions.
Insider Buying: China HK Power Smart Energy Group Executive Chairman Bought HK$6.7m Of Shares
China HK Power (00931.HK) received Jian Zhijian's shareholding of 16.126 million ordinary shares, worth approximately 6.6923 million Hong Kong dollars.
On August 23, according to the documents disclosed by the Hong Kong Stock Exchange on August 23, Jian Zhijian increased his shareholding in China HK Power (00931.HK) by 16.126 million ordinary shares at an average price of HKD 0.415 per share, with a value of approximately HKD 6.6923 million. After the increase, Jian Zhijian's latest number of shareholdings is 4.025 billion shares, and the good warehouse ratio has increased from 60.07% to 60.32%. Image Source: Stock Exchange Equity Disclosure. What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more shares) must disclose their shareholding in listed companies.
China HK Power to Establish Joint Venture in Yixing Economic and Technological Development Zone
China HK Power (00931.HK) established a joint venture and set up a production base and research center in Yixing City.
China HK Power (00931.HK) announced that the company has signed a strategic cooperation framework agreement with the Yixing Economic and Technological Development Zone Management Committee under the Yixing Municipal Government to establish a joint venture. The joint venture will establish the China HK Power headquarters production base and research and development center in the Yixing Economic and Technological Development Zone, dedicated to developing green, low-carbon transformation of energy and construction of smart energy systems, with the goal of becoming a leading national and globally influential smart low-carbon energy industry base and R&D center. The project itself will also be constructed according to zero-carbon demonstration project standards. The joint venture's registered capital is RMB 0.12 billion; the company will contribute
China HK Power (00931.HK) plans to establish a joint venture to promote green and low-carbon transformation of energy and build smart energy systems.
China HK Power (00931.HK) announced on August 7th that it has signed a strategic cooperation framework agreement with Yixing Economic and Technological Development Zone Management Committee ("Committee"), a subsidiary of Yixing Municipal Government, to jointly establish a limited liability company with joint investment. The joint venture will set up China HK Power headquarters production base and research and development center ("Project") at Yixing Economic and Technological Development Zone, dedicated to the development of green and low-carbon energy transformation and smart energy system construction, with the goal of becoming a leading national and globally influential smart low-carbon energy industry base and research and development center. The Project itself will also be built in accordance with zero-carbon demonstration projects.
China HK Power (00931.HK) has signed an investment service agreement with Dongguan Huiheng.
China HK Power (00931.HK) announced that on August 6, 2024, its indirect wholly-owned subsidiary, Cecep Solar Energy, entered into an investment services agreement with Dongguan Huiheng. Pursuant to the agreement: (i) Cecep Solar Energy agreed to invest RMB 0.107 billion (equivalent to approximately HKD 0.117 billion) in the project and be responsible for building a comprehensive energy system consisting of central cooling system, steam system, solar photovoltaic, energy storage and charging station functions. After the construction is completed, Cecep Solar Energy will obtain a 20-year franchise operation right for the project; Cecep Solar Energy may sign energy use contracts with enterprises within the Songshan Lake Science and Technology Innovation Valley and charge them according to usage.
China HK Power (00931.HK) received a shareholding of 5 million ordinary shares by Jian Zhijian, with a value of about 2.075 million Hong Kong dollars.
On August 2nd, according to documents disclosed by the Hong Kong Stock Exchange, Jian Zhijian increased his shareholding of 5 million ordinary shares of China HK Power (00931.HK) at an average price of HKD 0.415 per share on August 1st, with a total value of approximately HKD 2.075 million. After the increase, Jian Zhijian's latest holding amount is 4.009 billion shares, and the proportion of the warehouse has increased from 60.00% to 60.07%. Picture source: Stock Equity Disclosure of Stock Exchange. What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the shares) must disclose their shareholding in listed companies. The board of directors of listed companies
CHINA HK POWER: Annual report 2024
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