00916 CHINA LONGYUAN
- 7.260
- +0.180+2.54%
CHINA LONGYUAN News
China Longyuan Power (00916.HK) received an increase of 5.26 million shares in shareholding by China Reinsurance (Group) Corporation.
According to the latest equity disclosure information from the Stock Exchange, on July 22, 2024, China Longyuan Power received China Life Insurance Co., Ltd.'s on-market shareholding at an average price of HKD 7.45 per share, increasing its shares by 5.26 million and involving approximately HKD 39.187 million. After the increase, the latest shareholding of China Life Insurance Co., Ltd. is 165,895,000 shares, and the shareholding ratio has risen from 4.84% to 5.00%.
China Longyuan Power (001289.SZ): Its affiliated carbon asset company actively participates in carbon quota, CCER, VCS and other carbon asset trades.
On July 25th, GeLongHui reported that China Longyuan expressed on the investor platform that its carbon asset company actively participated in carbon quota, CCER, VCS and other carbon asset trades, helping the company's green, low-carbon and high-quality development, contributing to the realization of the "carbon neutrality" goal. According to the company, there is no concept of "carbon neutrality trade" in the market.
China Longyuan Power Issues 2.6 Billion Yuan Ultra-Short-Term Bonds
China Longyuan has completed the issuance of ultra-short-term financing bonds.
China Longyuan (00916) issued a statement that the company has completed the issuance of its super short-term commercial paper (this commercial paper) on July 23, 2024. The total amount of this commercial paper is RMB 2.6 billion yuan, with a term of 210 days, a unit face value of RMB 100 yuan, and a coupon rate of 1.75%. Interest will be calculated from July 24, 2024. Industrial Bank Co., Ltd. acted as the lead underwriter for the public offering of this commercial paper. The funds raised from this commercial paper will be mainly used to repay interest-bearing debts of the issuer and its subsidiaries, as well as to supplement the working capital of the issuer and its subsidiaries.
China Longyuan Power Announces Director Resignation
China Longyuan Power Unveils Board Structure
China Longyuan Issues RMB 2.6 Billion Debentures
China Longyuan (00916.HK) has completed the issuance of 2.6 billion yuan of commercial paper.
China Longyuan announced on July 24th that the company has completed the issuance of commercial paper on July 23, 2024. The total amount of the commercial paper is RMB 2.6 billion, with a term of 210 days and a unit face value of RMB 100. The coupon rate is 1.75%, and interest will begin accruing on July 24, 2024.
China Longyuan Power Group: Ma Bingyan Resigned as Nonexecutive Director
China Longyuan (00916.HK): Ma Bingyan resigns as non-executive director.
China Longyuan announced on July 24th that it has received a written resignation report from non-executive director Mr. Ma Bingyan, effective July 24, 2024. Mr. Ma resigned from his positions as non-executive director, member of the Remuneration and Assessment Committee and the Strategic Committee due to his age.
Hong Kong stocks surged, wind power stocks generally rose, wind power generation accounted for a higher percentage in June, and offshore wind power construction in the deep sea may accelerate.
Wind power stocks generally rose. As of press time, Datang Renew (01798) rose 4.9% to HKD 2.14; Goldwind Science & Technology (02208) rose 4.44% to HKD 3.76; China Longyuan (00916) rose 3.06% to HKD 7.4.
Hong Kong stocks surge: Electric power stocks rise against the trend, IEA predicts that global demand for electricity will continue to grow strongly until next year, and domestic demand for electricity will increase by more than 6%.
Electric power stocks rise against the market. As of the time of writing, Datang Renew (01798) rose 3.92%, at HKD 2.12; CGN Power (00916) rose 3.88%, at HKD 3.46; Huadian Power International Corporation (01071) rose 2.02%, at HKD 4.04; China Res Power (00836) rose 2.08%, at HKD 22.10.
BOC International: Demand from offshore and overseas markets continues to drive sustained growth in the wind power industry, while domestic grid investment remains at a high level of prosperity.
The demand for 'sea and overseas' injects continued growth momentum into the wind power industry; the high prosperity of domestic main grid investment is expected to continue.
Lixiaoxing, Silver Fund's heavy stock changes significantly in the second quarter, increasing military industry, electronics, green energy, etc.
The second quarterly report of the Silverflower Heartwarming Fund managed by well-known fund manager Li Xiaoxing shows that as of the end of the second quarter of 2024, the fund's stock position was 92.39%, a decrease of 1.41 percentage points from the end of the first quarter.
China Longyuan Issues RMB 2 Billion Mid-Term Notes
China Longyuan (00916) has completed the issuance of 2 billion yuan in medium-term notes.
China Longyuan (00916) announced that the company has completed the issuance of mid-term notes on July 16, 2024. The total amount of the notes is...
Wind power stocks rise, Datang Renew (01798) up by 4.1%. Institutions point to the potential for further improvement in demand for offshore wind power industry on a month-on-month basis.
Jinwu Wealth News | Wind power stocks rose, with Datang Renew (01798) up 4.1%, China Suntien (00956) up 2.62%, China Longyuan (00916) up 2.64%, and Dongfang Electric Corporation (01072) up 1.71%. On the news front, Guolian Securities stated that the demand side of the wind power industry is more affected by policy planning, and the investment heat of the supply side has been relatively low in recent years. The core problem of wind power lies in the demand side. In the short term, the Guangdong/Jiangsu offshore wind power projects are expected to steadily advance in terms of construction and approval progress, and industry demand is expected to further improve compared to the previous period; in the medium and long term, offshore wind power has great potential.
Haitong Int'l: Maintains a rating of "outperform" for China Longyuan Power (00916) with a target price of HKD 10.81.
Haitong Int'l predicts China Longyuan's net income attributable to parent from 2024 to 2026 will be 7.582/8.44/9.507 billion RMB.
China Longyuan Power Group Issues 1 Million Yuan in Bonds
China Longyuan Completes Billion Yuan Debenture Issue
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