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China Shenhua Energy Co ( (HK:1088) ) has issued an update.
China Shenhua Energy Company Limited announced the successful completion of a 168-hour continuous full-load trial operation for the No. 4 power generation unit of the Jiujiang Phase II project. This milestone signifies the commencement of commercial operations for both 1,000 MW ultra-supercritical secondary reheat coal-fired power generation units under the project. Located in Jiangxi Province, this key project aligns with the province’s 14th Five-Year Plan and demonstrates outstanding environmental performance by achieving ultra-low emission standards. The operationalization of Jiujiang Phase II is expected to bolster energy security in Jiangxi Province and Central China, while promoting regional social and 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 leading energy company in China, primarily engaged in the production and sale of coal and power generation. The company focuses on clean coal-fired power projects and plays a significant role in supporting energy security and regional development in China.
Average Trading Volume: 16,289,214
Technical Sentiment Signal: Buy
Current Market Cap: HK$898.7B
For detailed information about 1088 stock, go to TipRanks’ Stock Analysis page.