CHINA POWER (02380.HK) and Spic Yuanda Environmental-Protection have signed a framework agreement for asset restructuring.
CHINA POWER (02380.HK) announced that a framework agreement has been established regarding an asset restructuring proposal, according to which, the contact person from China Energy Investment Corporation, Spic Yuanda Environmental-Protection (600292.SH), will acquire 63% of Wuling Power and 64.93% of Changzhou Hydropower by issuing shares and cash. Previously, Wuling Power and Changzhou Hydropower will undergo a pre-restructuring, mainly involving Wuling Power acquiring the new energy assets from China Energy Investment Corporation and Peking Xinying in Hunan Province, with a total installed capacity of approximately 1,960.4 megawatts, at a total price of 1.232 billion RMB. The statement indicated that after the implementation of the asset restructuring proposal, the company will successfully establish a "red chip".
Spic Yuanda Environmental-Protection (600292.SH): Currently, desulfurization-related products theoretically cannot be used directly as sulfides in Solid State Battery.
According to an investor interaction platform on January 16, Gelonghui stated that Spic Yuanda Environmental-Protection (600292.SH) currently cannot use its desulfurization-related products directly as sulfides for Solid State Battery based on the existing information.
Spic Yuanda Environmental-Protection (600292.SH): The company will scrap its franchise Assets in 2024.
On December 30, Gelonghui reported that Spic Yuanda Environmental-Protection (600292.SH) announced that in accordance with the National Energy Administration's "Implementation Plan for the Concentrated Management of Safety Risks of Hazardous Chemicals in the Electrical Utilities Industry" (National Energy Safety [2022] No. 21) regarding the elimination of major hazards at liquid ammonia stations, Chongqing Yuanda Flue Gas Treatment Franchising Company (referred to as "the Franchising Company") has carried out the conversion of liquid ammonia to urea for some projects to implement the national policy of eliminating major hazards. At the same time, in accordance with the "HJ75-2017 Continuous Emission Monitoring of Fixed Pollution Sources for Flue Gas (SO2, NOx, Particulate Matter)" issued by the Ministry of Ecology and Environment of the country.
Express News | Spic Yuanda Environmental-Protection: The franchise company invests 0.641 billion yuan to construct a flue gas treatment project.
FIRST SHANGHAI: Maintains CHINA POWER 'Buy' rating with a Target Price of 4.73 Hong Kong dollars.
FIRST SHANGHAI issued a research report stating that it maintains a "Buy" rating for CHINA POWER (02380), expecting the company's net income attributable to shareholders to be 5.1/6/7.1 billion yuan for 2024-2026, with year-on-year growth of 92/17%/18%, and a target price of 4.73 Hong Kong dollars. The company's earnings growth in 2024 is expected to be highly certain, with returns on self-invested projects increasing under the current low-cost trend; hydropower profits will benefit from the recovery of water flow. FIRST SHANGHAI's main points are as follows: Significant growth in electricity sales in the first ten months: According to the company's announcement, the consolidated total electricity sales in the first ten months of 2024 were 108,220,668 MWh, an increase compared to last year.
Express News | The application of spic yuanda environmental-protection's new sewerage technology has been successful.
Express News | spic yuanda environmental-protection's 'Tian Di Ban' transaction volume is nearly 3.7 billion.
spic yuanda environmental-protection (600292.SH): No cooperation relationship has been established with China Resources Recycling Group yet.
On November 22, Geelong Hui reported that spicy Yuanda Environmental-protection (600292.SH) stated on the investor interaction platform that the company has not yet established a partnership with China Resources Recycling Group.
Express News | spic yuanda environmental-protection: General Manager Peng Shuangqun resigns due to job changes
Express News | Top-viewing at the auction: spic yuanda environmental-protection, nanfang black sesame group fell by a word limit.
Express News | In 17 days, 12 boards of spic yuanda environmental-protection: the rolling pe is significantly higher than the industry average.
spic yuanda environmental-protection (600292.SH): Some equipment for wind turbine blade technology demonstration line has arrived.
Gelonghui November 12th | spic yuanda environmental-protection (600292.SH) stated on the investor interaction platform that the battery dismantling has been completed assembly, the photovoltaic module dismantling has signed a demonstration project contract, and some equipment of the wind turbine blade technology demonstration line has arrived.
spic yuanda environmental-protection (600292.SH): There may be a risk of a decline after a large short-term increase in stock price.
On November 11, Ge long hui reported that SPIC Yuanda Environmental-Protection (600292.SH) announced that the company's stock price had a cumulative increase of 174.54% from October 21 to November 11, 2024, over 16 consecutive trading days. The short-term stock price fluctuates significantly, and there may be a risk of a subsequent decline after a sharp increase in the short term. The company belongs to the CSRC industry category of "ecological environment protection and environmental governance." According to WIND financial terminal data, as of November 11, 2024, the company's latest trailing PE ratio is 216.30 times, while the industry's latest trailing PE ratio is 61.00 times, indicating a significant difference in PE ratios.
Express News | Nearly 20 A-share listed companies disclosed the latest M&A restructuring announcements this week. Western Securities intends to acquire 64.6% stake in Guorong Securities for 3.825 billion yuan.
Express News | spic yuanda environmental-protection: The company has not disclosed significant information that should be disclosed.
Express News | spic yuanda environmental-protection has been continuously listed for 9 days: the rolling pe ratio is significantly higher than the industry average level.
Express News | spic yuanda environmental-protection: There may be significant fluctuations in the stock price in the short term, with the possibility of a decline after a large short-term increase.
Express News | Merger and reorganization concept stocks continue to strengthen, GEM optics technology holding with 8 consecutive limit up, H.B. Fuller, Guangdong Songfa Ceramics with 5 consecutive limit up, Wuxi Huadong Heavy Machinery with 4 consecutive limit up, spic
Express News | spic yuanda environmental-protection: The company does not have any significant information that should be disclosed but has not been disclosed.
China Power (02380): Acquiring the equity of Spic Yuanda Environmental-Protection by asset pricing, rapidly building the flagship listed company of comprehensive clean energy under national power investment.
After the completion of the reorganization, china power (02380) will become the direct controlling shareholder of spic yuanda environmental-protection.