China Energy Construction (03996) rose more than 4% at the end of the session. As of press release, it rose 2.78% to HK$0.74, with a turnover of HK$105.33 million.
The Zhitong Finance App learned that China Energy Construction (03996) rose more than 4% at the end of the session. As of press release, it had risen 2.78% to HK$0.74, with a turnover of HK$105.33 million.
According to the news, on April 16, the Qinghai provincial government and China Energy Construction signed a comprehensive strategic cooperation framework agreement; on the same day, China Energy Construction Gezhouba Group and Hubei Trading Group deepened cooperation. On April 13, China Energy Construction Gezhouba Group signed a strategic cooperation agreement with Qingyang City in Gansu Province. Additionally, BASF signed a 25-year green power procurement contract with China Energy Construction Guangdong Institute.
According to Guosheng Securities, the company signed a new contract amount of 128.3.7 billion yuan in 2023, an increase of 22%. Among them, the “Belt and Road” market signed a new contract amount of 267.4 billion yuan, an increase of 62% over the previous year; new energy and municipal engineering continued to increase. In addition, the company's new energy installed capacity increased significantly. By the end of 2023, it had accumulated 9.51 million kilowatts of new energy connected to the grid, an increase of 91% over the previous year; the hydrogen energy and new energy storage industries accelerated their layout.