China Telecommunication Union: In the first quarter, electricity trading centers across the country organized a total of 1424.84 billion kilowatt-hours and an increase of 7.7% year-on-year
On April 30, the China Telecommunication Union released a summary of the national electricity market transactions from January to March 2024.
Changes in Hong Kong stocks | CGN Mining (01164) is now up more than 4%, reports say the US is considering banning the import of enriched uranium from Russia
CGN Mining (01164) is now up more than 4%. As of press release, it is up 3.55% to HK$2.04, with a turnover of HK$396.02 million.
Bank of China International: Reiterates CGN Power's (01816) “Buy” Rating Target Price Increase to HK$3.2
Based on CGN's potential to double its installed capacity in the next ten years, the bank raised the target price of CGN electricity to HK$3.2, reaffirming the “buy” rating.
CGN Power (1816.HK): Performance is in line with expectations, steady growth with low waves
Introduction to this report: The company's 1Q24 performance improvement mainly benefited from improved expenses and increased return on investment; performance constraints were weakened, and growth was sustainable. Summary: Maintaining the “Overweight” Rating: Maintaining EPS 2024-2026
China General Nuclear Power Company (003816): Performance is in line with expectations and has both steady growth
Introduction to this report: 1Q24 performance growth is related to cost improvements and increased return on investment; the company has both steady and growing, and the growth is impressive. Investment Highlights: Maintaining an “Overweight” Rating: The company's growth continues to be considerable, maintaining 2024
CGN Power (01816): Shareholder Hengjian Investment completed the issuance of non-public exchangeable corporate bonds
According to the Zhitong Finance App, CGN Power (01816) issued an announcement stating that Guangdong Hengjian Investment Holdings Co., Ltd. (Hengjian Investment), a shareholder holding 5% or more of the company's shares, plans to issue non-public exchangeable corporate bonds using some of the company's A-shares as the target. The company recently received a notice from Hengjian Investment. The issuance of this exchangeable corporate bond was completed on April 25, 2024. The bond is “24 Hengjian EB” for short, and the bond code is “117221.SZ”. The actual issuance scale is 2 billion yuan. The bond period is 3 years, and the coupon interest rate is 0.01%. The initial exchange of shares in this exchangeable bond
CGN New Energy Launches HK$157 Million Share Buyback Program
CGN New Energy Holdings Co (HKG:1811) plans to spend HK$157 million to repurchase a maximum of 64.4 million shares as part of its buyback mandate, according to a Thursday filing with the Hong Kong Exc
China General Nuclear Power (003816): Growth slowed in the first quarter due to increased overhauls, and the Taishan unit resumed normal operation
The construction and security business contributed to revenue growth, and net profit growth to mother slowed down due to increased overhauls. In the first quarter of 2024, the company achieved revenue of 19.182 billion yuan (+4.88%), mainly the same revenue from the building installation and design service business
Featured announcements | CNOOC's net profit for the first quarter was nearly 40 billion yuan; China Aluminum's net profit for the first quarter increased 23.01% year-on-year
ZTE's net profit for the first quarter increased by 3.74% year on year; Times Electric's net profit for the first quarter increased by 30.44% year on year.
CGN New Energy (01811.HK) plans to use up to HK$157 million (including transaction tax) to repurchase shares
Gelonghui, April 25, 丨 CGN New Energy (01811.HK) announced that according to the share repurchase plan, the board of directors plans to use up to HK$157 million (including transaction tax) to repurchase no more than 64,362,400 shares. According to the Hong Kong Stock Exchange Limited securities listing rules, the actual purchase price for each repurchase must not be higher than 5% or more of the average closing price of the five trading days immediately preceding each repurchase. The company will use currently available cash to fund the share repurchase plan. The board of directors believes that (i) the company's current stock price is lower than its intrinsic real value and may not reflect the company's business prospects; (ii)
中廣核礦業:2023年度報告
CGN Power's Profit Up 3% in Q1
CGN Power (HKG:1816) recorded a 3% rise in attributable profit for the quarter ended March 31 to 3.6 billion yuan from 3.49 billion yuan in 2022, a Wednesday filing on the Hong Kong bourse stated. Ear
UBS: “Neutral” rating for CGN Power (01816) Q1 recurring net profit is basically in line with the bank's and market expectations
The overall feed-in electricity volume of CGN Power (01816) in the first quarter increased by 2% per year, and revenue increased by 5% per year.
Changes in Hong Kong stocks | CGN Power (01816) rose more than 4%, profit increased sharply in the first quarter, and overall electricity volume remained stable
The Zhitong Finance App learned that CGN Power (01816) rose by more than 4%. As of press release, it had risen 4.17% to HK$2.75, with a turnover of HK$128 million. According to the news, CGN Electric Power released its report for the first quarter of 2024, with operating revenue of 19.182 billion yuan (RMB, same below), up 4.88% year on year; net profit attributable to shareholders of listed companies was 3.64 billion yuan, up 3.38% year on year. During the reporting period, the total feed-in capacity of nuclear power units operated and managed by the Group was about 51,814 billion kilowatt-hours, an increase of 1.83% over the same period last year; the company's holding subsidiary
Featured announcements | Shang Tang: Class B shares resume trading now; Great Wall Motor's profit surged 17 times in the first quarter
New Oriental's net revenue increased 60% in the last fiscal quarter; Hisense Home Appliance's revenue for the first quarter increased 20.87% year over year.
CGN Power 1Q Net CNY3.60B Vs. Net CNY3.49B >1816.HK
CGN Power 1Q Net CNY3.60B Vs. Net CNY3.49B >1816.HK
CGN Power 1Q Rev CNY19.18B Vs. CNY18.29B >1816.HK
CGN Power 1Q Rev CNY19.18B Vs. CNY18.29B >1816.HK
CGN Power (01816.HK)'s net profit for the first quarter was 3.64 billion yuan, up 3.38% year on year
CGN Electric Power (01816.HK) released its report for the first quarter of 2024, with operating revenue of 19.182 billion yuan (RMB, same below), up 4.88% year on year; net profit attributable to shareholders of listed companies was 3.64 billion yuan, up 3.38% year on year; basic earnings per share were 0.071 yuan.
中廣核電力:內幕消息 - 2024年第一季度報告
Express News | CGN Mining: The mines invested by the Group produced a total of 606.7 tU of natural uranium in the first quarter