United Strength Power's Affiliate Obtains HK$130 Million Financing to Help Run Petroleum Arm
United Strength Power Holdings' (HKG:2337) affiliate Changchun Yitonghe Petroleum Distribution entered into a HK$130 million revolving loan facility with the Hong Kong Branch of Industrial Bank on Oct
Changchun Yitonghe and Zhongcheng Energy (02337.HK) obtained loan financing of up to 330 million yuan from Industrial Bank Changchun
Zhongcheng Energy (02337.HK) announced that in October 2023, Changchun Yitonghe and the Group obtained up to RMB 330 million in loan financing from Industrial Bank Changchun. Of the loan financing amounting to RMB 330 million, a total of RMB 150 million was borrowed in accordance with a financing agreement signed between some member companies of the Group and Industrial Bank Changchun, and Changchun Yitonghe provided corporate guarantees. Of the balance of approximately RMB 180 million, approximately RMB 65 million was borrowed in the past and future to issue a letter of credit by Industrial Bank Changchun. On October 24, 2023, Changchun Yitong River (by
United Strength Power More Than Doubles Profit in 2023
United Strength Power Holdings (HKG:2337) reported a profit attributable to equity shareholders of 39.5 million yuan for the year ended Dec. 31, 2023, compared with 16.5 million yuan in the prior year
眾誠能源:2023 年報
Natural gas prices have increased in many places in the industry: the implementation of the gas favorable price mechanism is expected to improve the performance of urban combustion companies
According to a notice from the Putian Municipal Development and Reform Commission, the sales price of pipeline gas for residential users will be adjusted starting April 15. Furthermore, according to statistics from the Financial Federation reporter, since 2024, Shenzhen, Chengdu, Fuzhou and other places have announced gas price adjustment plans for residential pipelines, and sales prices for residential pipeline gas have all increased.
Global gas prices have rebounded from low levels, and the contradiction between supply and demand has not been completely reversed
Global natural gas prices rose to varying degrees in 2024, which involved supply-side factors such as declining US exports and discontinuation of Russian projects, as well as complex interactions on the demand side, such as increased procurement in Asia and high European inventories
Zhongcheng Energy (02337) announces 2023 annual results. Profit attributable to shareholders of 39.5 million yuan increased 139% year over year
Zhongcheng Energy (02337) announced its annual results for the year ended December 31, 2023. The group made profits during the period...
UNITED STRENGTH: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023 AND CHANGE IN USE OF PROCEEDS
United Strength Power Sees 2023 Net Profit of Least CNY40M, Doubling on Year >2337.HK
United Strength Power Sees 2023 Net Profit of Least CNY40M, Doubling on Year >2337.HK
Zhongcheng Energy (02337.HK) Yingxi: Net profit is estimated to be no less than 40 million yuan in 2023, increasing by no less than 110% year-on-year
On March 22, GLONGHUI | Zhongcheng Energy (02337.HK) announced that the Group's net profit for the year ended December 31, 2023 is estimated to be no less than RMB 40 million, an increase of no less than 110% year-on-year (2022: approximately RMB 19 million). The board of directors believes that the increase in net profit is mainly due (including) to the resumption of economic activity in Northeast China after the COVID-19 pandemic in 2023, which increased demand in the petroleum products market, thereby increasing sales of petroleum products.
UNITED STRENGTH: POSITIVE PROFIT ALERT FOR THE YEAR ENDED 31 DECEMBER 2023
Zhongcheng Energy (02337.HK) held a board meeting on March 27 to consider and approve annual results
Gelonghui, March 13, 丨 Zhongcheng Energy (02337.HK) announced that the company will hold a board meeting on March 27, 2024 (Wednesday) to consider and approve (including) the final results of the company and its subsidiaries for the year ended 31 December 2023 and the payment of a final dividend (if applicable).
Ukraine says “no renewal”! Natural gas prices soar and global demand will “grow strongly”
Ukraine's top energy official said a few days ago that no new agreement will be considered after the transit agreement expires. This also means that Europe's energy market will face a wave of shocks.
Zhongcheng Energy (02337): Ma Haidong was appointed as the company's authorized representative
Zhitong Finance App News, Zhongcheng Energy (02337) announced that with effect from February 29, 2024, Xu Huilin will resign as a non-executive director, a member of the company's nomination committee and authorized representative of the company; and Ma Haidong was appointed as the company's authorized representative and a member of the company's nomination committee.
Fangzheng Securities: Oil prices maintain fluctuating trends to provide performance support for upstream mining companies
Demand side: Financial institutions forecast a slowdown in global economic growth in 2024, and demand growth still mainly comes from developing countries.
United Strength Power's Unit Inks Gas Procurement Agreement With Kunlun Energy's Subsidiary
United Strength Power Holdings' (HKG:2337) unit, Longjing United Strength Energy Development, agreed to purchase liquefied petroleum gas from the Daqing branch of PetroChina Kunlun Gas, a subsidiary o
Zhongcheng Energy (02337.HK) signed an LPG sales agreement with CNPC Kunlun Daqing Branch
Gelonghui, January 19, 丨 Zhongcheng Energy (02337.HK) announced that Longjing Zhongcheng Energy Development Co., Ltd. (“Longjing”), an indirect wholly-owned subsidiary of the company, signed an LPG sales agreement with CNPC Kunlun Gas Co., Ltd. Liquefied Gas Daqing Branch (“CNPC Kunlun Daqing Branch”). According to this, CNPC Kunlun Daqing Branch must supply liquefied petroleum gas to Longjing in China according to actual orders for a period of time from December 5, 2023 to end on December 31, 2024 (including the first and last two days). It is expected that the liquefied petroleum gas purchased by Longjing from CNPC Kunlun Daqing Branch will be resold
The offshore oil business has surged, and the shipping market is approaching its highest point in history!
The US oil and gas industry had a bad start, but investors are still betting heavily on one segment of the market.
National Energy Administration: Domestic oil and gas production will exceed 390 million tons in 2023, a record high
On January 15, data from the National Energy Administration showed that in 2023, domestic oil and gas production was equivalent to more than 390 million tons, a record high. It maintained a rapid growth trend of 10 million tons for 7 consecutive years, forming a new peak period for production growth.
The key “key” to a green ecology! GEM: As the global energy transition progresses, countries are increasing their investment in natural gas
Despite today's global efforts to transition energy systems from fossil fuels, almost every major region is increasing investment in infrastructure to increase the use of natural gas for power generation.
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