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Datang Renewable Power's November Power Generation Slides 17%
DATANG RENEW (01798.HK): In November, the total electricity generation was 2.7773 million megawatt-hours, a decrease of 16.60% year-on-year.
On December 13, Gelonghui reported that DATANG RENEW (01798.HK) announced that, according to preliminary Statistics, the group completed a power generation of 2.7773 million megawatt-hours in November 2024, a decrease of 16.60% compared to 2023. Among them, the completed wind power generation was 2.5297 million megawatt-hours, a decrease of 19.43% compared to 2023; the photovoltaic generation was 0.2476 million megawatt-hours, an increase of 29.97% compared to 2023. As of November 30, 2024, the group had accumulated a total power generation of 28.7502 million megawatt-hours in 2024, compared to 20.
In "The Major Companies", China International Capital Corporation's investment ratings and target prices for China's Energy stocks (table).
Bank of China International released a research report, listing the investment ratings and target prices for Chinese Energy stocks as follows: Stock | Investment Rating | Target Price (HKD) HUANENG POWER (00902.HK) | Buy | 6.2 HKD HUADIAN POWER (01071.HK) | Buy | 4 HKD CHINA RES POWER (00836.HK) | Buy | 22 HKD CHINA POWER (02380.HK) | Buy | 4.6 HKD FLAT GLASS (06865.HK) | Hold | 14.3 HKD XINYI SOLAR (00968.
DATANG RENEW (01798.HK): Zhu Mei resigns as Non-executive Director.
Gelonghui, December 10, announced that Mrs. Zhu Mei has proposed to resign from her position as a non-executive director of DATANG RENEW and a member of the Board of Directors' Compensation and Assessment Committee, effective from December 10, 2024.
China Datang Corp. Renewable Power Issues 1.3 Billion Yuan Debentures
Datang Renew (01798.HK) has completed the issuance of 1.3 billion yuan in ultra-short-term financing bonds.
On December 5th, GeLongHui reported that Datang Renew (01798.HK) announced that the company completed the issuance of the third batch of ultra-short-term financing bonds for the year 2024 on December 3, 2024. The total amount of this issuance is 1.3 billion yuan, with a maturity period of 79 days (maturity date is February 21, 2025). The face value is 100 yuan, the interest rate is 1.87%, and interest starts accruing from December 4, 2024. The proceeds from this issuance will be used for the repayment of existing interest-bearing debts, supplemental working capital, and other legal and compliant purposes.