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China Shenhua Energy Advances Beihai Phase II Power Project

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China Shenhua Energy Advances Beihai Phase II Power Project

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China Shenhua Energy Co ( (HK:1088) ) just unveiled an announcement.

China Shenhua Energy Company Limited announced that its No. 3 power generation unit of the Beihai Phase II project has successfully completed a 168-hour trial operation and is now in commercial operation. This project, part of the 14th Five-Year Plan for energy development in the Guangxi Zhuang Autonomous Region, features advanced ultra-supercritical coal-fired technology and aims to optimize regional power structure, enhance grid stability, and support regional economic development.

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 player in the energy sector, primarily focusing on coal-fired power generation. The company holds a significant market position in China, leveraging advanced technologies to enhance efficiency and reduce emissions.

YTD Price Performance: 31.01%

Average Trading Volume: 13,371,782

Technical Sentiment Signal: Buy

Current Market Cap: HK$880.6B

Learn more about 1088 stock on TipRanks’ Stock Analysis page.

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