Reportedly, on October 25, 11 power generation companies in Guangdong province, including Guangdong Baolihua New Energy Stock, jointly wrote to the Guangdong Energy Bureau and the National Energy Administration Southern Regulatory Bureau requesting further improvement of the medium and long-term market mechanisms. The letter mentioned that the long-term market price of electrical utilities in Guangdong province has been consistently lower than the thermal power generation cost, making it difficult for the current market mechanism to support the recovery of generation costs. On November 1, Guangdong Baolihua New Energy Stock responded that the company's production operation is stable and normal, and the electrical utilities trade strictly complies with relevant rules; for other matters, please refer to the company's announcements or public documents. (Jiemian)
宝新能源回应市场机制难以支撑发电成本回收:公司生产经营稳健正常,电力交易严格遵守相关规则
Guangdong Baolihua New Energy Stock responds that the market mechanism is difficult to support the recovery of electricity generation costs: the company's production operation is stable and normal, and electrical utilities trade strictly complies with rel
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