The Chairman of ENN Natural Gas elaborates on the company's A and H Global Strategy: breaking the shackles of approval to achieve synergy across the entire Industry Chain | Direct coverage of the Earnings Conference.
① Company Executives stated that acquiring ENN ENERGY will effectively avoid the restrictions of the Hong Kong stock related transaction approval process, strengthening the positioning of the "integration and collaboration of the Henry Hub Natural Gas Industry Chain" Global Strategy, and achieving efficient allocation and effective integration of resources. ② In the future, the company will leverage the advantages of full-scene natural gas to achieve stable growth in Business and profits.
The UAE's ADNOC has signed three long-term LNG agreements with Chinese enterprises, with the agreement with China National Offshore Oil Corporation being the largest in history.
① The Abu Dhabi National Oil Company (ADNOC) signed an LNG agreement with ENN Natural Gas, Zhenhua Oil, and CNOOC Energy Group; ② The long-term LNG agreement with ENN Natural Gas is the largest LNG agreement ever between China and the UAE; ③ ADNOC announced the establishment of an office in Peking, focusing on sales and marketing in China.
YANKUANG ENERGY: It is expected that the performance in the first quarter of this year will decline year-on-year. Currently, coal prices have basically reached the bottom | Directly addressing the Earnings Conference.
YANKUANG ENERGY stated at today's 2024 Earnings Conference that Coal prices have basically reached their lowest point and are showing signs of stabilization. Due to the year-on-year decline in Coal prices, the company's performance in the first quarter will be affected; The company also stated that it will adhere to the principle of Cash dividends, and has so far accumulated a dividend of 85 billion.
Express News | ENN ENERGY opened more than 16% higher, receiving privatization from the controlling Shareholder.
Two Sessions Time | National People's Congress Representative, Lu Qingguo from Chenguang Biotech Group: Improve the quality standards of Chinese Patent Medicine, regulate the centralized procurement model for Traditional Chinese Medicine, and optimize the
① Lu Qingguo, Director of Chenguang Biotech Group and a representative of the National People's Congress, focused on several recommendations at this year's Two Sessions, including optimizing the procurement mechanism for Traditional Chinese Medicine, enhancing the quality standards for Chinese Patent Medicine, and standardizing the Traditional Chinese Medicine granule industry; ② In addition to recommendations related to the Traditional Chinese Medicine industry, Lu Qingguo prepared several suggestions on rural social retirement insurance, rural medical insurance, and increasing support for companies sanctioned by the United States.
Counter-cyclical layout of high-performance fluorinated New Materials, Zhejiang Juhua invested 4.2 billion yuan to increase its stake in Gansu Juhua | Quick Announcement
① After the completion of the high-performance fluorinated new materials project, the average annual sales revenue will be 8.211 billion yuan, with an average annual net income of 1.068 billion yuan; ② Zhejiang Juhua stated that the high-performance fluorinated new materials project is an urgent need for Zhejiang Juhua to maintain its leading position in fluorinated refrigerants and fluoropolymers; ③ In recent years, market competition in fluoropolymers has been fierce, being at the bottom of the industry cycle, and major domestic fluorochemical competitors have been approaching resource areas.