Summary by Moomoo AI
HUA POWER RELEASED A PRESS RELEASE ON MARCH 20, 2024, ANNOUNCING POWER PLANT SALES DATA FOR THE FIRST TWO MONTHS OF 2024. The data showed that in February 2024, the company's subsidiary power plant sales reached 13,742,685 megawatts, down 12.6% from the same period last year, mainly affected by the Spring Festival holiday. However, electricity sales at subsidiary wind farms and photovoltaic plants achieved year-on-year growth of 18.8% and 179.5%, respectively. Cumulatively, in the two months prior to 2024, total electricity sales of Huarun Power reached 32,644,142 MW, an increase of 7.4% year-on-year, with growth of 9.3% and 201.9%, respectively, for wind farms and photovoltaic stations. The company emphasizes that these data are compiled according to internal management records and are not audited or reviewed by external auditors and are for investor reference only. THE BOARD MEMBERS OF HUA RUN ELECTRIC INCLUDE THREE EXECUTIVE DIRECTORS, THREE NON-EXECUTIVE DIRECTORS AND FOUR INDEPENDENT NON-EXECUTIVE DIRECTORS.