Summary by Moomoo AI
China Power International Development Co., Ltd. (“China Power”) has released electricity sales data for February 2024. According to preliminary statistics, the combined total electricity sales of the company and its subsidiaries reached 9,076,224 MW in February, an increase of 30.42% year-on-year. Total electricity sales for the first two months of 2024 were 19,424,425 MW, up 35.92% from the same period last year. Electricity sales of all types of power plants increased, with the growth of hydropower, wind power and photovoltaic generation particularly significant, increasing by 147.49%, 58.07% and 73.18%, respectively. However, electricity sales from natural gas generation decreased by 37.27% compared to the same period last year. The power plants of the Company's major joint ventures or joint ventures totaled 3,419,113 MW in the same period, a decrease of 17.91% year-over-year. China Power reminds investors that the data contained in this announcement are internal management records only and have not been audited or reviewed by external auditors. The announcement was issued by the Chairman of the Company on 27 March 2024.