Kinwu Financial News | Green energy concept stocks perform strongly, Xinte Energy (01799) up 28.18%, Flat Glass (06865) up 11.97%, Goldwind Science& Technology (02208) up 5.64%, Xinyi Energy (03868) up 4.35%, CGN New Energy (01811) up 1.26%, ENN Energy (02688) up 1.21%.
Huayuan Securities stated that on October 25th, State Grid released the "National Unified Electricity Market Development Plan Blue Book (Solicitation Draft)", providing outlook and clear planning for the establishment of the national electricity market in China, aiming to achieve preliminary completion by 2025, comprehensive completion by 2029, and full enhancement by 2035.
The bank pointed out that the release of the Blue Book provides a prospect and guidance for the future development of China's electricity market construction, with China expected to complete the establishment of a national unified electricity market by 2029. As new energy is the main reason and ultimate goal of electricity market construction, it is expected to benefit significantly, and the income situation of green energy operators is expected to rebound from the bottom.