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China's Electricity Consumption Spikes 5.8% in June
HTSC: High demand for electrical utilities in China and the US, continued high prosperity in grid investment and exports.
China's electrical utilities investment data is strong, and the annual investment growth rate of electrical utilities is expected to reach 10%+. The central oversea electrical utilities investment also continues to grow at a high rate due to electrical utilities demand and infrastructure. Currently, the demand for electrical utilities in the European and American markets is stronger than in non-electrical utilities markets.
Sichuan En Inv (01713.HK) re-elected He Jing, Wang Yuanchun, and Xie Peixi as executive directors.
On July 16th, Gelunhui reported that the Board of Directors of Sichuan En Inv Development Co Ltd (01713.HK) has nominated the following: (i) re-electing He Jing, Wang Yuanchun, and Xie Peili as executive directors; (ii) re-electing Han Chunhong, Tao Xueqing, and Kong Ce as non-executive directors; (iii) electing Gao Bin and Zhao Gen as non-executive directors; (iv) re-electing Professor Li Jian and He Yin as independent non-executive directors; and (v) electing Xiao Zhixiong, Chen Chuan, and Mou Yingshi as independent non-executive directors.
Sichuan Energy Investment Development to Form Energy Business JV Firm
Huaxi Securities: Rigid demand emerges, global electrical utilities system welcomes development opportunities.
From an overseas perspective, the global new energy installed capacity is growing rapidly, driven by the upgrading of power grids, increased infrastructure support, large-scale expansion of manufacturing industry, datacenter construction, and cross-border interconnection of power grids. The investment in power grids has entered a prosperous cycle, and the overseas power equipment market has considerable potential.
Sichuan En Inv (01713) plans to invest in and construct a distributed energy project for henry hub natural gas in Xingwen County Economic Development Zone through the establishment of a joint venture.
Sichuan Energy Investment Development (01713) announced that on July 5, 2024, the company and Xingwen Industrial Investment reached an agreement on...
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