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Shanxi: Coal supply continues to recover in November, manufacturing investment maintains high growth.
From January to November 2024, the cumulative production of raw coal reached 4.322 billion tons, an increase of 1.20% year-on-year, with the growth rate declining compared to the same period in 2023. In November alone, the production of raw coal was 0.428 billion tons, an increase of 1.80% year-on-year, with the growth rate decreasing compared to the same month last year.
Huayang Group New Energy's Unit Enters Trial Operation
Shan Xi Hua Yang Group New Energy (600348.SH): Qiyuan Company has entered joint trial operation.
On December 16, Gelonghui reported that Shan Xi Hua Yang Group New Energy (600348.SH) announced that its wholly-owned subsidiary, Yangquan Coal Industry Group Qiyuan Coal Co., Ltd. (referred to as "Qiyuan Company"), entered joint trial operation on December 15, 2024. The mining area of Qiyuan Company is 207 square kilometers, with geological reserves of 2.026 billion tons, a designed production capacity of 5 million tons per year, a service life of 140 years, primarily mining coal #8 and #15, supported by dedicated railroads and a coal washing plant. The Qiyuan Company project is a provincial key project, significant for the high-quality development process of Shan Xi Hua Yang Group New Energy, and after being put into production, it will drive and promote the economy.
Shan Xi Hua Yang Group New Energy (600348.SH): Not involved in nanofiber materials.
Gelonghui, on December 12, stated that Shan Xi Hua Yang Group New Energy (600348.SH) mentioned on the investor interaction platform that the company is not involved in fields such as nanofiber materials, biodegradable materials, and the preparation of Diamond from coalbed gas.
shan xi hua yang group new energy (600348.SH): The photovoltaic and sodium industry currently do not involve export business.
Gelonghui December 6th | Shan Xi Hua Yang Group New Energy (600348.SH) stated on the investor interaction platform that our photovoltaic and Nader industry currently do not involve export business; the carbon fiber project is progressing in an orderly manner according to plan, with equipment currently in the installation phase. After production, the domestic market will be the first consideration, and actively strive for the international market.
Shan xi hua yang group new energy (600348.SH): has aimed at sodium battery industrial storage and emergency power supply for coal mines.
Gelonghui November 28th, shan xi hua yang group new energy (600348.SH) stated on the investor interactive platform that the company has launched a sodium-ion commercial two-wheeler project in 2023. Currently, with the rapid development of the company's technology, sodium electric two-wheeler battery products are also continuously iterated. The company will continue to focus on the field of electric two-wheeler batteries and build high-quality sodium electric two-wheeler battery products. At the same time, the company has targeted the direction of sodium battery industrial energy storage and coal mine emergency power supply, and has successfully applied it in the use of coal mine emergency power supply, and the company will vigorously promote it.
