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China Energy Achieves Extraordinary 2021 Period in-between Results




HONG KONG, Aug 20, 2021 – (ACN Newswire) – China Energy Global Pattern Puny (stock code: 2380.HK) has announced its unaudited intervening time results for the six months ended 30 June 2021.

All the blueprint through the Overview Length, China Energy done solid industrial results, with earnings amounting to RMB16.54 billion. Energy technology grew by 23.7% to 51,530,643 MWh over the same length final year. Electrical energy supplied rose by 23.7% to 49,441,462 MWh. Profit attributable to fairness holders of the Firm jumped by 17% year-on-year to RMB1.37 billion.

China Energy held its intervening time results investor conference on 20 August 2021. He Xi, Chairman of the Board of Firm, said, “In the first year half, the Firm done appropriate results when it involves operation, style, reform and innovation. Firstly, our running performance grew amid adversity, with earnings contributions from orderly energy continuing to lengthen. Secondly, the total transformation towards orderly energy has accelerated. The total consolidated set aside in capacity of orderly energy exceeded 47%, an lengthen of 3.1 percentage aspects when compared with the close of ultimate year. Thirdly, we can grab the lead in extending the industrial within the golf green energy industrial and expedited style into the areas of green energy transportation and energy storage. And fourthly, efforts were made in both reforming and driving innovation as neatly as possibility administration and secure a watch on, in show to stimulate the firm’s vitality and spur style in innovation because it endeavors to quit and secure a watch on running risks.”

Confronted with unheard of reformation within the energy industrial, He Xi said, “The Firm with dedication and in a spirit of ‘vigor, enthusiasm, and trudge’, will strategically focal point its efforts on several key areas within the 2nd half-year.

First, we can originate a brand original blueprint for China Energy. Adhering to the belief of empowering low-carbon emissions, the original blueprint shall be announced very quickly. This original blueprint will mainly encompass mid-to-lengthy-term strategic targets and implementation techniques, and the roadmap for reaching “carbon peak and carbon neutrality” commitments, as neatly as advancing its practices in environmental, social and governance (ESG) areas. Second, we can reposition the Firm within the capital market. By rising the Firm’s consolidated set aside in capacity of orderly energy to exceed 50% at the close of 2021, the Firm shall be repositioned within the capital market. Third, we aim to produce a brand original pathway for the golf green industrial. The Firm will grab first-mover opportunities and secure the excessive floor for organising emerging industries. Fourth, we can produce a brand original balance when it involves industrial performance in step with excessive-quality style. The firm will trudge up the developments in all aspects, lengthen the ratio of set aside in capacity and earnings of orderly energy, tap the market potential and adorning effectivity, the cash producing former energy industrial will beef up our style. And fifth, we can set aside original mechanisms by practicing comprehensively advancing reforms. We can assassinate full consume of our advantages as an mission below the ‘Double-Hundred Motion’ to secure the opportunity to reform, while at the same time optimize various incentives, and encompass market build of the Firm as a facet in gaining access to the performance of the administration at some stage of their tenures.”

Looking forward, He Xi is highly hopeful, and said, “China Energy is at the moment at the largest juncture because it embarks on a brand original trip. Unique roadmaps are being devised. Unique mechanisms are being created. Unique industries are being established. In the attain future, the achievements of our efforts will step by step be displayed one after the other, and we can completely raise enough or even better-than-expected outcomes to all of our shareholders.”


Topic: Press open summary



Source: China Energy Global Pattern Puny


Sectors: Energy


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