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MIIT: The minimum capital ratio for new and expanded photovoltaic manufacturing projects shall not be less than 30%.
The Ministry of Industry and Information Technology announced important revisions to the "Regulatory Conditions for the Photovoltaic Infrastructure" and the "Interim Measures for the Management of Regulatory Announcements in the Photovoltaic Infrastructure" to guide local governments in reasonably planning the layout of photovoltaic infrastructure projects and promoting industrial concentration and clustering development. The revisions emphasize that photovoltaic companies should reduce projects that simply expand production capacity and instead focus on enhancing technological innovation, improving product quality, and reducing production costs. The minimum capital ratio for newly built and expanded photovoltaic infrastructure projects shall not be less than 30% to ensure the financial stability and sustainable development of the projects. This revision aims to optimize industrial layout, encourage technological innovation, and improve product quality.
Aneng Logistics (00956) Q3 2024 financial report: a dual victory of profit growth and global strategy layout.
On November 15, 2024, the logistics giant timely released its financial report for the third quarter of 2024. The data shows that during the reporting period, revenue reached 3.044 billion yuan, a year-on-year increase of 21.2%; adjusted net income was 0.218 billion yuan, a year-on-year increase of 28.0%; gross profit reached 0.476 billion yuan, a year-on-year increase of 66.7%; and gross margin increased to 15.6%, a year-on-year increase of 4.2 percentage points.
Hong Kong stocks fluctuated | Wind power stocks rose during the day, with a significant volume of domestic wind power tenders in the first three quarters, and overseas demand resonated with a substantial increase.
Wind power stocks rose during the day, as of the time of writing, Goldwind Science & Technology (02208) rose by 4.35%, to HK$6.24; China Longyuan (00916) rose by 3%, to HK$6.87; China Suntien (00956) rose by 2.68%, to HK$3.45; Datang Renew (01798) rose by 1.99%, to HK$2.05.
Hong Kong stock concept tracking | The scale of wind power bidding has significantly increased, benefiting leading companies in wind power equipment (including concept stocks).
With the acceleration of the global energy transition, wind energy, as one of the important clean energy sources, is developing rapidly.
No more 'selling by the catty'! Wind power self-discipline convention 'full moon' industry chain companies see the dawn.
① One month after signing the industry self-discipline convention, several recent projects have been awarded to bidders who did not offer the lowest price, and the bidding party has begun to modify the rules, indicating that the wind power industry is showing signs of breaking away from intense competition; ② Industry insiders indicate that all links of the wind power industry chain still need to continue making efforts, considering the economic benefits generated throughout the entire lifecycle rather than short-term costs, solidifying the results of breaking out of the intense competition.
China Suntien Green Energy Announces Key Resolutions
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