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.
Sunshine Energy (00757.HK)'s revenue of 7.19 billion yuan in 2023 increased by about 4.7% year-on-year
Gelonghui, March 27, 丨 Sunshine Energy (00757.HK) announced that for the year ended December 31, 2023, the Group recorded annual revenue of about RMB 7.19 billion, an increase of about 4.7% over the previous year; it recorded an annual profit amount of about RMB 140 million from continuing operations. Compared with the annual loss of approximately RMB 135 million from continuing operations recorded for the year ended December 31, 2022, it turned significantly into a loss. Basic and diluted earnings of RMB 3.37 per share attributable to common shareholders of the parent company. Revenue growth is mainly due to an increase in the number of orders from existing customers and the opening of new customers
Sunshine Energy (00757) announced annual results. Profit attributable to shareholders of 112 million yuan decreased by 88.31% year-on-year
According to the Zhitong Finance App, Sunshine Energy (00757) announced its annual results for the year ended December 31, 2023. The group achieved continuous business revenue of 7.193 billion yuan (RMB, same below) during the period, an increase of 4.71% over the previous year; profit attributable to shareholders was 112 million yuan, a decrease of 88.31% year on year; basic profit per share was 3.37 points. According to the announcement, revenue growth was mainly due to an increase in orders from existing customers and successful development of new customers, which led to a continued significant increase in PV module shipments.
SOLARGIGA: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Sunshine Energy (00757.HK) plans to hold a board meeting on March 27 to consider and approve the annual results
Gelonghui, March 15, 丨 Sunshine Energy (00757.HK) announced that the company's board of directors meeting will be held on March 27, 2024 (Wednesday) to review (including) and approve (if deemed appropriate) the annual results of the company and its subsidiaries for the year ended 31 December 2023 and consider the proposed final dividend (if any).
SOLARGIGA: NOTICE OF BOARD MEETING
CITIC Construction Investment: PV glass supply and demand are in dynamic balance in 2024, prices are expected to rise during the Q2 peak season
CITIC Construction Investment released a research report saying that due to its characteristics of heavy assets, long construction cycle, continuous production, and large inventory area, production capacity is usually released in a “stepwise” manner. When module production schedules rise rapidly, it is more likely to cause phased supply and demand mismatches compared to other auxiliary materials.
CITIC Construction Investment: Raise supply and demand in some aspects of domestic PV installation demand in 2024 or reverse ahead of schedule
Domestic PV consumption bottlenecks may be opened, which will bring more room for new domestic PV installations.
Galaxy Securities: Why does the photovoltaic sector continue to rise?
The Zhitong Finance App learned that Galaxy Securities released a research report saying that due to factors such as rising demand and boosting confidence at the end of Q1, the PV sector experienced a good rebound. At the same time, it suggests that policy expectations continue to improve, and that the subsequent development of the photovoltaic industry in the short, medium and long term should be viewed positively.
Solargiga Energy to Return to 2023 Profit
Solargiga Energy Holdings (HKG:0757) expects a profit of between 130 million yuan and 170 million yuan from continuing operations for the year ended Dec. 31, 2023, compared to a loss of around 134.8 m
Changes in Hong Kong stocks | Sunshine Energy (00757) rose more than 12%. The expected profit for 2023 is about 130 million yuan to 170 million yuan, turning a year-on-year loss into a profit
Sunshine Energy (00757) rose more than 12% and rose 12.74% at press time to HK$0.177, with a turnover of HK$603,600.
Sunshine Energy (00757.HK) Yingxi: Expected continuous operating profit of 130 million yuan to 170 million yuan in 2023, turning a year-on-year loss into profit
Gelonghui, March 4, 丨 Sunshine Energy (00757.HK) announced that according to a preliminary assessment of the Group's unaudited comprehensive management accounts for the year ended December 31, 2023, the Group expects to record the company's unaudited annual profit from continuing operations of about RMB 130 million to RMB 170 million in the reporting year. Compared with the annual loss of approximately RMB 134.8 million from continuing operations recorded by the company for the year ended December 31, 2022, it will significantly turn a loss into a profit. After making all reasonable inquiries by the directors, it is well understood that the above group expectations will turn losses into profits
SOLARGIGA: PROFIT ALERT Positive Alert on Profit from Continuing Operations
Minmetals Securities: The PV industry is restless in spring, and industry chain prices are rebounding
Prices in the industrial chain have basically bottomed out, and prices are expected to rebound slightly.
Trade Volume, Prices Trending Upward in China's Carbon Trading Market
The country's carbon trading market, which was launched in July 2021, has registered increases in both trade volume and price, according to Zhao Yingmin, vice-minister of ecology and environment.
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.
Silicon Industry Branch: The tight balance between supply and demand for monocrystalline silicon is operating weakly in the market
On January 18, the Silicon Industry Branch released the monocrystalline silicon weekly review, which indicated that the market operated weakly this week, and the M10 size dropped slightly.
CITIC Construction Investment 24 PV silicon price analysis: the price stabilizes supply for the time being, and may decline later
Since December 2023, silicon prices have basically stabilized
Silicon Industry Branch: Silicon prices have stopped falling and short-term expectations are running smoothly
The Silicon Industry Branch predicts that polysilicon prices are expected to stop falling and stabilize in the short term, and medium- to long-term price trends should also pay close attention to downstream construction conditions.
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.
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