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China Longyuan Power (00916.HK) received an increase of 5.26 million shares in shareholding by China Reinsurance (Group) Corporation.
According to the latest equity disclosure information from the Stock Exchange, on July 22, 2024, China Longyuan Power received China Life Insurance Co., Ltd.'s on-market shareholding at an average price of HKD 7.45 per share, increasing its shares by 5.26 million and involving approximately HKD 39.187 million. After the increase, the latest shareholding of China Life Insurance Co., Ltd. is 165,895,000 shares, and the shareholding ratio has risen from 4.84% to 5.00%.
China Longyuan (001289.SZ): The target for new energy fund installed capacity in 2024 is 7.5 gigawatts, and engineering & construction is progressing in an orderly manner.
China Longyuan stated on the investor interaction platform on July 25th that the company's target for new energy installation by 2024 is 7.5 GW, and engineering and construction is progressing in an orderly manner. According to the construction period of new energy projects, many projects will start operation in the second half of the year, especially in the fourth quarter.
China Longyuan Power (001289.SZ): Its affiliated carbon asset company actively participates in carbon quota, CCER, VCS and other carbon asset trades.
On July 25th, GeLongHui reported that China Longyuan expressed on the investor platform that its carbon asset company actively participated in carbon quota, CCER, VCS and other carbon asset trades, helping the company's green, low-carbon and high-quality development, contributing to the realization of the "carbon neutrality" goal. According to the company, there is no concept of "carbon neutrality trade" in the market.
China Longyuan was shareholding by Rui Zhong Life Insurance for 5.26 million shares, priced at HKD 7.45 per share.
On July 22, China Life Insurance Company Limited increased its shareholding in China Longyuan Power Group Corporation Limited (00916) by 5.26 million shares at a price of HKD 7.45 per share, with a total amount of about HKD 39.187 million.
China Longyuan Power (00916.HK) received an increase of 5.26 million H-share shareholding from China Life Insurance Co., Ltd., worth approximately HKD 39.187 million.
On July 25th, according to documents disclosed by the Hong Kong Stock Exchange, Zhongrong Life Insurance Co., Ltd. increased its shareholding in China Longyuan Electric Power Group Corporation Limited (listed in Hong Kong as 00916.HK) by 5.26 million H shares at an average price of HKD 7.45 per share on July 22nd, with a value of approximately HKD 39.187 million. After the shareholding increase, the latest shareholding of Zhongrong Life Insurance Co., Ltd. is 1.66 billion shares, and the proportion of the stake has increased from 4.84% to 5.00%. Image Source: Stock Ownership Disclosure of the HKEX. 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 holdings.
China Photovoltaic Industry Association: PV new installed capacity will remain high this year.
Wang Bohua, Honorary Chairman of the China Photovoltaic Industry Association, stated at the Photovoltaic Industry Development Review and Outlook Seminar for the first half of 2024 that in the first half of 2024, mainland China added 102.48 GW of new photovoltaic installations, an increase of 30.7% year-on-year, indicating that new installations are growing but at a slower pace. For the first time in four years, new monthly installations in March declined by 4.27 GW year-on-year, and in April, they also declined by 0.28 GW year-on-year. However, Wang Bohua stated that considering the relaxation of the consumption red line to 90%, the acceleration of large-scale project construction, the accelerated progress of power grid construction, and the various measures to support distributed development, these factors will provide support.
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