03868 XINYI ENERGY
- 1.100
- +0.010+0.92%
XINYI ENERGY News
Sustainability Column: How is the Chinese market for geothermal power generation, which Buffett is interested in?
The electric energy hidden underground is becoming a clean resource mine in the eyes of technology giants and conglomerates.
Electrical utilities sector charged successfully?
Extreme weather is affecting electrical utilities supply. Since the start of summer, most southern regions have experienced continuous rainfall, with some areas facing flood situations. Meanwhile, northern regions have been experiencing sustained high temperatures leading to severe drought in some areas. This polarization of south flooding and north drought has resulted in a rapid growth of electricity demand in the north, potentially extending the bullish trend in the electrical utilities sector.
Jibang Consulting: The photovoltaic industry chain continues to reduce production and clear out inventory. The decision of post-SNEC manufacturers' production and scheduling is particularly crucial.
Due to downstream demand falling back and high silicon wafer inventory, coupled with the approach of Q2 financial reporting season, manufacturers face increased pressure to clear inventory, leading to relatively weak bargaining power for silicon wafer prices. It is expected that prices will remain low in the short term, with consolidation at low levels.
SNEC Photovoltaic Exhibition opens, photovoltaic power stocks rise collectively. GCL Tech (03800) rose by 4.48%.
Jingu Finance | SNEC PV Exhibition was held, and photovoltaic power stocks collectively rose. Comtec Solar (00712) rose by 5.92%, GCL New Energy (00451) rose by 4.71%, GCL Technology (03800) rose by 4.48%, Xinyi Energy (03868) rose by 3.54%, Xinyi Glass (00868) rose by 2.8%, Fuyao Glass (03606) rose by 1.35%, Xinte Energy (01799) rose by 1.17%. In terms of news, the 17th (2024) International Solar PV and Smart Energy (Shanghai) Exhibition of SNEC will be held in
Electrical utilities stocks are collectively rising, CGN Power (01816) has risen by 3.99%. Institutions point out that the decline in electricity production costs is advantageous for the profit performance of mainland electrical utilities companies.
Jingu News | Electrical utilities stocks rose collectively, CGN Power (01816) up 3.99%, China Longyuan (00916) up 3.98%, China Resources Power (00836) up 3.67%, China Power (02380) up 2.96%, Datang International Power Generation (00991) up 2.92%, Xinyi Energy (03868) up 2.65%. In terms of news, ICBC Asia pointed out that as the electricity demand in the mainland continues to increase at different levels, coupled with the increase in the use of electricity due to the development of new technologies, it will benefit the income of electricity companies. At the same time, with the decline in the production cost of electricity, it is expected to be beneficial.
Hong Kong stocks turmoil | Photovoltaic stocks rebounded in early trading, SNEC Photovoltaic Exhibition opened, and the industry's fundamentals are expected to improve marginally.
Photovoltaic stocks rebounded in the morning. As of press time, GCL NewEnergy (00451) rose 4.71% to HKD 0.445; GCL Tech (03800) rose 4.48% to HKD 1.4; Xinyi Glass (00868) rose 3.38% to HKD 8.86.
Xinyi Energy (03868) will distribute a final dividend of HK$0.026 per share on August 7.
Xinyi Energy (03868) announced that the final dividend of 0.0 per share will be distributed on August 7, 2024.
XINYI ENERGY: SCRIP DIVIDEND SCHEME FOR THE FINAL DIVIDEND FOR THE YEAR ENDED 31 DECEMBER 2023 - CALCULATION OF MARKET VALUE
Xinyi Energy (03868.HK) has appointed Chen Jialun as Chief Financial Officer.
On June 7, Gloryng announced that Mr. Duan Ning has resigned from the positions of Company Secretary, Chief Financial Officer, and one of the authorized representatives appointed in accordance with Rule 3.05 of the Listing Rules of the Hong Kong Stock Exchange. The board of directors announced the appointment of Mr. Chen Jialun as the Group's Chief Financial Officer and Assistant Company Secretary. The board of directors announced the appointment of Mr. Zhu Canhui as Company Secretary and authorized representative, effective from July 1, 2024.
Xinyi Energy Unveils New Board and Committees
Xinyi Energy Shareholders Approve AGM Resolutions
Xinyi Energy's EGM Approves Solar Farm Deal
Xinyi Energy (03868): Li Shengbo was appointed as a member of the Takeover Committee
Xinyi Energy (03868) announced that executive directors Li Shengpo (Bronze Bauhinia Star) and Li You have been appointed as directors...
Huatai Securities: Optimistic about carbon reduction and transformation or speeding up the concentration of building materials
The bank believes that the release of this action plan is expected to strengthen the regulation of production capacity in the building materials industry, promote the implementation of energy-saving transformation in the building materials and construction industry, and accelerate the integration of photovoltaics in buildings and the construction of large scenic bases. It is recommended to focus on companies related to cement, engineering transformation, and power engineering.
Public Companies Are Xinyi Energy Holdings Limited's (HKG:3868) Biggest Owners and Were Hit After Market Cap Dropped HK$413m
Key Insights The considerable ownership by public companies in Xinyi Energy Holdings indicates that they collectively have a greater say in management and business strategy 52% of the company is hel
Photovoltaic solar energy stocks reversed the market, and Xinte Energy (01799) rose 7.74%. Institutions say the industry is expected to enter a positive cycle of steady price increases
Jinwu Financial News | PV solar energy stocks rose against the market. Xinte Energy (01799) rose 7.74%, GCL Technology (03800) rose 6.29%, Follett Glass (06865) rose 5.63%, Xinyi Solar (00968) rose 3.83%, GCL New Energy (00451) rose 3.13%, and Xinyi Energy (03868) rose 1.74%. According to the news, Guojin Securities said that in terms of photovoltaics and energy storage, new domestic installations and export data were booming in April, and module exports to 10 European countries hit a record high in a single month. Inverter exports in Q3 are expected to be corrected year on year, and continuous verification
Singapore Widens Its Pool of Carbon Credits to Offset Emissions
Companies in Singapore can tap a larger pool of carbon credits to offset up to 5% of their taxable emissions after the city-state signed a bilateral agreement with Ghana.
Changes in Hong Kong stocks | PV stocks are generally weakening, and prices in the US survey on Southeast Asia's PV industry chain continue to fall
PV stocks generally weakened. As of press release, Xinyi Solar (00968) fell 3.95% to HK$5.11; Xinyi Glass (00868) fell 3.52% to HK$9.86; and Xinyi Energy (03868) fell 3.28% to HK$1.18.
Silicon Industry Branch: Polysilicon prices fall below costs and supply is expected to shrink
The Silicon Industry Branch issued an article stating that the current price of polysilicon has broken through the cash costs of all production companies, and silicon manufacturers are facing a situation where they lose money when sold.
Interpretation of ESG Annual Report|Xinyi Energy (03868) Releases 2023 ESG Report to Actively Increase the Scale of Green Power Output and Promote the Green and Low-Carbon Transformation of Social Energy
Recently, Xinyi Energy (03868) released the “2023 Environmental, Social and Governance Report”. This report is Xinyi Energy's fifth ESG report, showing the Group's sustainable development performance for the period from January 1 to December 31, 2023.
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