Changjiang Securities: Wind power market sentiment picked up in March and is expected to drive sector recovery in the second quarter
Changjiang Securities released a research report stating that market sentiment has picked up since March. The superposition is about to enter the second quarter, and construction of the Sea Breeze project has started one after another, driving the sector to recover.
Integrated Project Crucial in Green Power Leap
China's largest integrated wind-solar-storage demonstration project will play a key role in fully taking advantage of the green power produced locally while meeting the electricity needs of large enterprises, industry experts said.
Huajin Securities: The logic of increasing investment in the rural wind power policy has changed from cyclical to growth
The decentralized wind power market has great potential to effectively support future installations.
Ruifeng New Energy (00527) announces 2023 annual results. Shareholders' share loss of 109 million yuan narrowed 29.46% year-on-year
According to the Zhitong Finance App, Ruifeng New Energy (00527) announced the results for the year ended December 31, 2023. The group achieved revenue of 344 million yuan (RMB, same below) during the period, an increase of 12.93% over the previous year; loss attributable to the company's owners was 109 million yuan, a year-on-year decrease of 29.46%; and the basic loss per share was 0.099 yuan. According to the announcement, gross profit for the year ended December 31, 2023 was approximately 126 million yuan (2022: approximately RMB 64.114 million), mainly from the operation of the Group's wind power business. Gross for the year ended 31 December 2023
RUIFENG RENEW: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
New Energy Revitalizes China's Coal-mining Subsidence Areas
he former coal mining hub in North China's Shanxi province, which was once abandoned and shrouded in silence, is now buzzing with machines and workers bracing the cold winds.
China Ruifeng Renewable Energy Expects Losses to Shrink in 2023
China Ruifeng Renewable Energy Holdings (HKG:0527) expects a lower loss of about 100 million yuan for the year ended Dec. 31, 2023, compared with 162 million yuan in the previous year, according to a
Ruifeng New Energy (00527.HK): The comprehensive loss is expected to not exceed 100 million yuan in 2023
Gelonghui March 22 | Ruifeng New Energy (00527.HK) announced that the Group expects to record a reduction in comprehensive losses for the year ending December 31, 2023, from an annual comprehensive loss of about RMB 162 million in 2022 to a comprehensive loss of no more than RMB 100 million for the current year. The Group's full-year results are yet to be implemented. The Board of Directors believes that the improvement in financial performance for this year is mainly due to: (i) an increase in revenue of approximately RMB 39 million due to increased electricity sales (2022: RMB 304 million); (ii) there is no confirmation of impairment of property, plant and equipment
RUIFENG RENEW: POSITIVE PROFIT ALERT
Huatai Securities: It is expected that 1Q24 thermal power profits will continue to recover and nuclear power performance is steady
Huatai Securities released a 1Q24 outlook for the public environmental protection industry, stating that in the face of continuous growth in thermal power generation and a year-on-month decline in coal prices, 1Q24 thermal power profits are expected to continue to recover; nuclear power generation has increased year-on-year, and performance is expected to grow.
CITIC Construction Investment Securities: How to evaluate changes in the wind power industry after the consumption situation improves?
The Zhitong Finance App learned that CITIC Construction Investment Securities released a research report saying that domestic wind power consumption bottlenecks may be opened, which will bring more room for new domestic wind power installations. There is some room for improvement in wind power installations in 2024. It is estimated that 95 GW of new wind power installations will be added in 2024, an increase of 25% over the previous year.
Ruifeng New Energy (00527.HK) plans to hold a board meeting on March 28 to consider and approve the annual results
Gelonghui, March 18, 丨 Ruifeng New Energy (00527.HK) announced that the board meeting will be held on March 28, 2024 (Thursday) to consider and approve (including) the annual results of the company and its subsidiaries for the year ended 31 December 2023, consider the proposed payment of a final dividend (if any), and deal with other matters.
RUIFENG RENEW: DATE OF BOARD MEETING
Ruifeng New Energy (00527.HK) suspended trading for a short time this morning
Gelonghui, January 29丨Ruifeng New Energy (00527.HK) announced that the company's shares will temporarily stop trading at 9:00 a.m. today (29/1/2024).
National Energy Administration: New energy storage is developing rapidly. By the end of 2023, more than 30 million kilowatts of installed capacity had been put into operation nationwide
By the end of 2023, the country had completed and put into operation a total installed capacity of 31.39 million kilowatts/66.87 million kilowatt-hours, with an average energy storage time of 2.1 hours.
Zhongtai Securities's 24-year wind power investment strategy: Subsequent fundamentals ushered in an inflection point improvement
The spring breeze is warming and recovering, and tidal waves are starting a new journey around the world
Goldman Sachs: The global economy is entering a new supercycle AI and decarbonization are key drivers
Peter Oppenheimer, head of European macro research at Goldman Sachs, said that the global economy is entering a new supercycle, and artificial intelligence and decarbonization are two key factors that may have a positive impact in this new cycle.
Guotai Junan: The new energy industry will continue to be stable, and profits are expected to increase significantly
The new energy industry is a must-compete area for major countries. The current industrial policy balances the roles of “structural adjustment” and “steady growth”, and the industrial pattern shows the characteristics of overcapacity and full competition
RUIFENG RENEW: SUPPLEMENTAL INFORMATION TO THE ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022
RUIFENG RENEW: Interim Report 2023
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