China Shenhua Brings Qingyuan Phase II Unit 3 into Commercial Operation

The latest update is out from China Shenhua Energy Co ( (HK:1088) ).

China Shenhua Energy Company Limited announced that the No. 3 power generation unit of the Phase II expansion project at the Qingyuan power plant in Guangdong Province has successfully completed a 168-hour trial run and has been officially placed into commercial operation. The Qingyuan Phase II project, a key energy security initiative under Guangdong’s 14th Five-Year Plan, comprises two 1,000MW double-reheat ultra-supercritical coal-fired units using high-efficiency, low-emission technology designed to meet ultra-low air pollutant standards and achieve zero wastewater discharge. With Unit 4 progressing steadily and scheduled to start operation in February 2026, the full commissioning of Qingyuan Phase II is expected to ease energy supply pressures in the region and strengthen power security for the Guangdong-Hong Kong-Macao Greater Bay Area, reinforcing China Shenhua’s role as a critical baseload power supplier.

The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.

More about China Shenhua Energy Co

China Shenhua Energy Company Limited is a major integrated energy company in China, with core businesses spanning coal production and coal-fired power generation. Through controlling subsidiaries such as China Energy Qingyuan Power Generation Co. Ltd., it develops large-scale power projects that support regional energy security, particularly in key economic hubs like Guangdong Province and the Greater Bay Area.

YTD Price Performance: 27.85%

Average Trading Volume: 12,768,772

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$864B

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