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The National Bureau of Statistics: The development of China's green industry continues to show a positive trend.
On June 16, Gelonghui reported that Fu Linghui, spokesperson for the National Bureau of Statistics, stated at a press conference held by the State Council Information Office that China is resolutely promoting the green and low-carbon transformation of the economy, which not only improves the ecological environment but also promotes the stable development of green industries represented by NENGYUANHANGYE, creating new economic growth points.
National Bureau of Statistics: In May, the production growth rates of large-scale industrial raw coal, Crude Oil Product, and Henry Hub Natural Gas accelerated, while electricity production showed steady growth.
On June 16, the National Bureau of Statistics released the energy production situation for May 2025.
Highlights from the brokerage morning meeting: focus on low congestion and high odds directions.
At today's brokerage morning meeting, HTSC suggested focusing on low crowding and high payoff directions; Tianfeng stated a continuous focus on recommending innovative drugs; Sinolink pointed out a strong confidence in the wind power Sector with strengths externally and internally.
Hong Kong stocks are moving differently | Wind power stocks are rising against the trend as wind power bidding and approval data continue to exceed expectations. The Sector valuation may be expected to rise overall.
Wind power stocks are rising against the trend. As of the time of reporting, Dongfang Electric Corporation (01072) is up 6.07%, priced at 13.98 Hong Kong dollars; Goldwind Science & Technology (02208) is up 4.66%, priced at 7.19 Hong Kong dollars; C TRANSMISSION (00658) is up 4.39%, priced at 1.19 Hong Kong dollars; CHINA SUNTIEN (00956) is up 3.18%, priced at 4.54 Hong Kong dollars.
How to cope with the challenges of distributed energy? The integration of AI has drawn industry attention, and intelligent technology accelerates the transformation and upgrading of the industry | Directly addressing SNEC 2025.
① The problems faced by the full participation of New energy in market-based Trade include the decentralization of distributed energy projects, and the integration of AI with virtual power plants may help overcome the issues brought by distributed energy; ② The NENGYUANHANGYE is accelerating its transition towards being green, efficient, and Asia Vets, promoting the collaborative integration of infrastructure such as power and computing capacity, with intelligent technology further accelerating the transformation and upgrading process of the energy industry.
China Suntien Green Energy Corporation: The volume of electricity traded in the market will increase in 2024.
According to a report on June 11 by Gelonghui, China Suntien Green Energy Corporation stated in its research for April 2025 that the company's total market-oriented transaction electricity for 2024 is 5.885 billion kilowatt-hours, with the transaction volume accounting for 42.70%, an increase of 0.57 percentage points year-on-year. The company's average online electricity price (excluding tax) is 0.43 yuan/kilowatt-hour, a decrease of 2.50% year-on-year. As of the end of 2024, the company's accounts receivable had a book value of 7.152 billion yuan, an increase of 15.03% compared to the same period last year, most of which are subsidies owed for renewable energy. The company responded that in the future, it will focus on key projects to stimulate new momentum in the green electricity industry.