tiprankstipranks
Advertisement
Advertisement

Datang International Clears Q1 Report and RMB11.1 Billion Coal Power Project

Story Highlights
  • Datang International’s board unanimously approved its first-quarter 2026 report, confirming compliant governance and financial disclosure.
  • The board backed a new Ordos subsidiary and a RMB11.123 billion 4×660MW coal project to support the Kubuqi–Jiangsu UHV energy base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Claim 55% Off TipRanks

Datang International Power Generation Co ( (HK:0991) ) has shared an update.

Datang International’s board met in Beijing on 28 April 2026, with all 15 directors present, and unanimously approved the company’s first-quarter 2026 report after prior review by its audit committee. The meeting was deemed legally compliant under PRC company law and the firm’s Articles of Association, underscoring stable governance and regulatory adherence.

The board also cleared the establishment of Datang (Ordos) Energy Development Co., Ltd., signaling an expansion of the company’s footprint in Ordos to support regional energy development. In a major capital move, directors approved investment of about RMB11.123 billion in a 4×660MW coal-fired power project backing the Kubuqi Desert to Jiangsu ultra-high voltage channel, a strategic base project that will bolster Datang International’s generation capacity and role in China’s large-scale energy transmission network.

More about Datang International Power Generation Co

Datang International Power Generation Co., Ltd. is a Sino-foreign joint stock company incorporated in the People’s Republic of China that focuses on power generation and related energy projects. Listed in Hong Kong, the company operates large-scale coal-fired power assets and participates in major energy base developments linked to ultra-high voltage transmission channels in China.

Average Trading Volume: 29,592,746

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$73.66B

For detailed information about 0991 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1