Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.
(Incorporated in Hong Kong with limited liability under the Companies Ordinance)
(Stock Code: 836)
January 2020 Update On Power Plant
Net Generation Figures
The appended press release contains power plant net generation figures for January 2020 for China Resources Power Holdings Company Limited (the "Company") and its subsidiaries and associates. The information in the press release may be price sensitive. This announcement containing the press release is accordingly being issued pursuant to Part XIVA of the Securities and Futures Ordinance. The information in the press release has been prepared on the basis of internal management records. It has not been audited or reviewed by external auditors.
This announcement is issued by the Company pursuant to Part XIVA of the Securities and Futures Ordinance.
The information in this announcement has been prepared on the basis of internal management records. It has not been audited or reviewed by external auditors and as such is for investors' reference only.
Investors are advised to exercise caution in dealing in shares of the Company.
By order of the Board
CHINA RESOURCES POWER
HOLDINGS COMPANY LIMITED
Li Ru Ge
Chairman
Hong Kong, 14 February 2020
As at the date of this announcement, the Board of the Company comprises four non-executive directors, namely Mr. LI Ru Ge (Chairman), Mr. CHEN Ying, Mr. WANG Yan and Mr. GE Changxin; three executive directors, namely Mr. TANG Yong, Mr. ZHANG Junzheng and Ms. WANG Xiao Bin; and four independent non-executive directors, namely, Mr. MA Chiu-Cheung, Andrew, Ms. LEUNG Oi-sie, Elsie, Dr. CH'IEN Kuo-fung, Raymond and Mr. SO Chak Kwong, Jack.
For Immediate Release
14 February 2020
Net Generation of Subsidiary Power Plants
in January 2020 Decreased by 4.7%
China Resources Power Holdings Company Limited ("CR Power", stock code: 0836) today announced that total net generation of subsidiary power plants in January 2020 decreased by 4.7% to 13,233,158MWh from 13,886,565MWh for the same period of 2019. (Note: The above generation volume does not include the volume sold to independent third parties.)
On a same plant basis, total net generation of subsidiary coal-fired power plants in January 2020 decreased by 11.2% compared to the same period of 2019. Power plants located in Guangdong and Henan recorded 11.1% and 2.2% increases year on year respectively, and power plants located in Jiangsu, Hubei, Hebei and Other provinces recorded 21.8%, 13.9%, 8.5% and 16.8% decreases year on year, respectively.
Chinese power industry usually combines the net generation statistics of January and February in order to assess the underlying power demand in the country.
~END~
For inquiries, please contact:
China Resources Power Holdings Company Limited
Investor Relations Department
Tel: (852) 2593 7550
Fax: (852) 2593 7551
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Net generation of each type of power plants in January 2020 with comparative figures for the same period in 2019
Net generation | Net generation | Increase/ | |||||||||
Companies | January 2020 | January 2019 | Decrease in | ||||||||
(MWh) | (MWh) | January (%) | |||||||||
Thermal plants | 11,723,692 | 12,355,946 | -5.1% | ||||||||
Wind farms | 1,306,771 | 1,248,614 | 4.7% | ||||||||
Hydro plants | 155,474 | 231,494 | -32.8% | ||||||||
Photovoltaic plants | 47,221 | 50,511 | -6.5% | ||||||||
Subsidiaries subtotal | 13,233,158 | 13,886,565 | -4.7% | ||||||||
Associates subtotal | 3,602,295 | 4,193,593 | -14.1% | ||||||||
Grand Total | 16,835,453 | 18,080,158 | -6.9% | ||||||||
Coal-fired Same Plants Net Generation by Provinces | |||||||||||
Net generation | Net generation | Increase/ | |||||||||
Province | January 2020 | January 2019 | Decrease in | ||||||||
(MWh) | (MWh) | January (%) | |||||||||
Guangdong | 1,419,295 | 1,277,118 | 11.1% | ||||||||
Jiangsu | 2,741,361 | 3,507,249 | -21.8% | ||||||||
Hebei | 1,267,271 | 1,384,331 | -8.5% | ||||||||
Henan | 1,827,315 | 1,788,389 | 2.2% | ||||||||
Hubei | 1,523,627 | 1,770,099 | -13.9% | ||||||||
Other provinces | 2,051,258 | 2,464,662 | -16.8% | ||||||||
Coal-fired Subsidiaries Same Plant Net Generation | 10,830,127 | 12,191,847 | -11.2% | ||||||||
Coal-fired Subsidiaries + Associates Same Plant Net | 14,432,422 | 15,712,101 | -8.1% | ||||||||
Generation | |||||||||||
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China Resources Power Holdings Co. Ltd. published this content on 14 February 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 February 2020 10:08:02 UTC