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SHE:000539

4 stories mentioning SHE:000539Updated 13d ago

Every FINWIRES story that references SHE:000539, newest first.

Treasury

Guangdong Electric Power Development Controlling Shareholder Reduces Stake After Bond Conversion; Shares Slide 5%

Guangdong Electric Power Development (SHE:000539) controlling shareholder Guangdong Energy Group's stake in the company decreased following the conversion of bonds into 58.3 million shares.The shareholding of Guangdong Energy Group, along with Guangdong Electric Power Development and Guangdong Energy International Investment, fell to 68.3% from 69.41% as a result of the conversion.Shares fell 5% during the midday break on Friday.

SHE:000539
Asia

Guangdong Electric Power Development Controlling Shareholder Sees Stake Reduction; Shares Down 6%

Guangdong Electric Power Development (SHE:000539) said the stake held by its controlling shareholder Guangdong Energy Group in the company has declined to 68.30% from 69.41%.The stake reduction stemmed from the conversion of 58.3 million A shares by bondholders of exchangeable bonds issued by Guangdong Energy Group, according to a Wednesday filing with the Shenzhen bourse.Shares of the power company were down 6% in recent trade.

SHE:000539
Asia

Guangdong Electric Power Development Experiences Unusual Stock Movement

Guangdong Electric Power Development (SHE:000539) experienced abnormal stock fluctuations for two consecutive trading days, but its operations remained normal, according to a Shenzhen bourse filing on Tuesday.The Chinese power company's closing share price between May 29 and June 1 rapidly climbed by 40.05%, while turnover reached 19.65, exceeding the bourse's share price threshold.The company's review found that it does not have any significant information or disclosure that could affect its stock price.

SHE:000539
Asia

Guangdong Electric Power Development's Power Generation Rises 18% in Q1

Guangdong Electric Power Development's (SHE:000539) power generation increased 18% year over year to 29.8 billion kilowatt-hours in the first quarter, according to a Tuesday filing with the Shenzhen bourse.Coal-fired power generation jumped 23% year over year to 22.3 billion kWh, while gas-fired power generation fell 4.9% year on year to 4.55 billion kWh.Wind power generation surged 22% to 1.63 billion kWh, while photovoltaic power generation jumped 17% to 1.03 billion kWh.Hydropower generation rose 31% to 84 million kWh and biomass power output grew 13% to 195 million kWh.Installed capacity for the first quarter reached 47.5 million kilowatts.Shares increased nearly 1% during afternoon trading on Tuesday.

SHE:000539

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