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Chongqing Three Gorges Water Conservancy And Electric Power (600116.SH): Plans to increase capital by 0.6 billion Cash / Money Market for Changxing Electrical Utilities.
On December 11, Gelonghui reported that Chongqing Three Gorges Water Conservancy And Electric Power (600116.SH) announced that Chongqing Liangjiang Changxing Electrical Utilities Co., Ltd. (referred to as "Changxing Electrical Utilities") is a wholly-owned subsidiary of the company and one of the first batch of pilot enterprises for electricity sales side reform and the second batch of mixed-ownership reform pilot enterprises, undertaking the important task of comprehensively building the company's "electricity sales +" business ecosystem. As of June 30, 2024, Changxing Electrical Utilities has total Assets of 2.554 billion yuan, net Assets of 1.338 billion yuan, and achieved a Net income of 0.014 billion yuan in the first half of 2024. To promote Changxing Electrical Utilities to closely focus on its Global Strategy, market-oriented electricity sales and usage.
Chongqing Three Gorges Water Conservancy and Electric Power Issues 1 Billion Yuan in Bonds
Express News | Chongqing Three Gorges Water Conservancy and Electric Power establishes an energy service company in Henan, including battery sales business.
Chongqing Three Gorges Water Conservancy and Electric Power (600116): The limited water inflow restricts the self-generated power. The quarterly operational performance is under pressure.
The company released the third quarter report of 2024: In the third quarter of 2024, the company achieved revenue of 2.887 billion yuan, a year-on-year increase of 6.85%; achieving a net income attributable to the parent company of 0.154 billion yuan, a year-on-year decrease of 49.63%.
Chongqing Three Gorges' Q3 Profit Halves as Revenue Jumps 7%
Chongqing Three Gorges Hydropower (Group) Co., Ltd. 2024 Third Quarter Report
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