Summary by Futu AI
China Power International Development Co. Ltd. ('China Power') announced its electricity sales data for July and the first seven months of 2024. According to preliminary statistics, the total electricity sales of China Power and its subsidiaries reached 12,243,061 Megawatt-hour in July 2024, a year-on-year increase of 29.22%. The total electricity sales in the first seven months of 2024 was 76,587,215 Megawatt-hour, a year-on-year increase of 32.65%. Among all power generation methods, the hydro power generation saw the most significant increase with an increase of 197.44% YoY, while coal-fired power generation decreased. The company's board of directors includes executive directors He Xi and Gao Ping, non-executive directors Zhou Jie and Huang Qinghua, as well as independent non-executive directors Li Fang, Qiu Jiaci, and Xu Hanzhong. The announcement was issued on August 16, 2024 by the company's chairman He Xi.