China Shenhua’s Beihai Phase II Unit 4 Clears Trial Run, Enters Commercial Operation

China Shenhua Energy Co ( (HK:1088) ) has provided an update.

China Shenhua Energy has announced that Unit 4 of the Phase II expansion project at its 52%-owned subsidiary Beihai Power has successfully completed a 168-hour trial run and entered commercial operation, meaning both 1,000 MW ultra-supercritical coal-fired units of the Beihai Phase II project are now in service. The new unit operated smoothly during testing with emissions of dust, sulfur dioxide and nitrogen oxides well below ultra-low emission standards and comparable to gas-fired plants, positioning Beihai Power as the largest supportive and regulating power source in its region and strengthening the safety and stability of the local grid as well as the development of a new-type power system.

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 Chinese integrated energy company, primarily engaged in coal production and coal-fired power generation, with assets including large-scale thermal power plants. Through its controlling interests in subsidiaries such as China Energy Guangtou Beihai Power Generation Co., Ltd., the company focuses on supplying reliable baseload and regulating power to regional grids within China.

YTD Price Performance: 27.85%

Average Trading Volume: 12,787,319

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$864B

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