Summary by Futu AI
China Power (stock code: 2380) released the electricity sales data for August and the first eight months of 2024, showing that the total electricity sales of the company and its subsidiaries reached 11,186,433 megawatt-hours and 87,773,648 megawatt-hours, with year-on-year growth of 22.30% and 31.24%, respectively. Among various power generation methods, the most significant increase was in photovoltaic power generation, with a year-on-year increase of 78.13% in August and 92.67% in the first eight months. Hydroelectric power generation and wind power generation also saw year-on-year growth. However, coal-fired power generation experienced a decrease in the first eight months. The board of directors of the company 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 Jiasi, and Xu Hanzhong.