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CGN NEW ENERGY HOLDINGS CO., LTD.
中 國 廣 核 新 能 源 控 股 有 限 公 司
(incorporated in Bermuda with limited liability)
(Stock code: 1811)
Announcement
Trading Update
Power Generation For April 2021
This announcement is made by CGN New Energy Holdings Co., Ltd. (the "Company") on a voluntary basis.
The board (the "Board") of directors (the "Directors") of the Company announces that, according to the preliminary statistics of the Company, the power generation of the Company and its subsidiaries (the "Group") on a consolidated basis amounted to 1,620.2GWh for the month of April 2021, representing an increase of 43.3% compared with the corresponding period of 2020. In particular, power generation of PRC wind projects increased by 53.5%, power generation of PRC solar projects increased by 9.4%, power generation of PRC coal-fired, cogen and gas-fired projects increased by 14.4%, power generation of PRC hydro projects decreased by 12.2% and power generation of Korea gas-fired projects increased by 53.8%. For the four months ended 30 April 2021, the accumulated power generation of the Group amounted to 6,150.6 GWh, representing an increase of 35.2% compared with the corresponding period of 2020. In particular, power generation of PRC wind projects increased by 80.4%, power generation of PRC solar projects increased by 25.1%, power generation of PRC coal- fired, cogen and gas-fired projects increased by 50.6%, power generation of PRC hydro projects decreased by 26.0% and power generation of Korea gas-fired projects increased by 15.5%.
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Details of the power generation of the Group for April 2021 (with corresponding period of 2020) are set out as follows:
Accumulated | Accumulated | Year-on-year | ||||||||||
power | power | percentage | ||||||||||
Year-on-year | generation for | generation | change of | |||||||||
Power | Power | percentage | the four months | for the | accumulated | |||||||
generation for | generation for | change for | ended 30 April | corresponding | annual power | |||||||
April 2021 | April 2020 | April | 2021 | period of 2020 | generation | |||||||
(GWh) | (GWh) | (%) | (GWh) | (GWh) | (%) | |||||||
PRC wind projects | 651.2 | 424.2 | 53.5 | 2,534.1 | 1,404.8 | 80.4 | ||||||
PRC solar projects | 139.7 | 127.7 | 9.4 | 500.2 | 399.9 | 25.1 | ||||||
PRC coal-fired, cogen and | ||||||||||||
gas-fired projects | 34.1 | 29.8 | 14.4 | 169.9 | 112.8 | 50.6 | ||||||
PRC hydro projects | 65.7 | 74.8 | (12.2) 1 | 169.0 | 228.3 | (26.0) | ||||||
Korea gas-fired projects | 729.5 | 474.2 | 53.8 | 2,777.4 | 2,405.0 | 15.5 | ||||||
Total | 1,620.2 | 1,130.7 | 43.3 | 6,150.6 | 4,550.8 | 35.2 | ||||||
1: | As one of the projects in Guangxi experienced a decrease in water inflows in April 2021 as |
compared with the corresponding period of last year, it caused a year-to-year decrease in the | |
power generation of the projects in April 2021. |
Note: Certain figures included in this announcement have been subject to rounding adjustments, or have been rounded to one decimal place. Any discrepancies between the total shown and the sum of the amounts listed are due to rounding.
The above trading update for April 2021 is based on preliminary internal management information and such information is unaudited and is for the purpose of investors' reference only.
Shareholders of the Company and potential investors are advised to exercise caution when dealing in the securities of the Company.
By Order of the Board
CGN New Energy Holdings Co., Ltd.
Li Yilun
President and Executive Director
Hong Kong, 12 May, 2021
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As at the date of this announcement, the Board comprises seven Directors, namely:
Chairman and non-executive Director | : | Mr. Chen Sui |
Executive Directors | : | Mr. Li Yilun (President) and |
Mr. Zhang Zhiwu | ||
Non-executive Director | : | Mr. Xia Linquan |
Independent non-executive Directors | : | Mr. Wang Minhao, |
Mr. Yang Xiaosheng and | ||
Mr. Leung Chi Ching Frederick |
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CGN New Energy Holdings Co. Ltd. published this content on 12 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 May 2021 13:27:07 UTC.