Nanjing Iron and Steel Group

Shanghai Electric and Indonesian Partners Collaborate to Advance Green and Stable Power Infrastructure

Retrieved on: 
Thursday, May 25, 2023
Maintenance, Shanghai Electric, Automation, US, Engineering, SEHK, Weda Bay Industrial Park, Nanjing Iron and Steel Group, Lithium, Renewable energy

Java 7 Coal Fired Power Plant is a 2100MW coal-fired power project located in Banten, Indonesia.

Key Points: 
  • Java 7 Coal Fired Power Plant is a 2100MW coal-fired power project located in Banten, Indonesia.
  • Shanghai Electric commenced project construction in 2016 and subsequently entered commercial operation in December 2019.
  • The Chilaza Power Plant, run and maintained by Shanghai Electric for its second phase, holds the top spot for power generation efficiency among coal-fired power plants on Java Island in Indonesia.
  • For more information about the symposium, please visit https://www.chinadailyhk.com/article/328064 ; or gain more information regarding Shanghai Electric and its business in the worldwide, please visit https://www.shanghai-electric.com/group_en/ .

Shanghai Electric and Indonesian Partners Collaborate to Advance Green and Stable Power Infrastructure

Retrieved on: 
Thursday, May 25, 2023
Maintenance, Shanghai Electric, Automation, US, Engineering, SEHK, Weda Bay Industrial Park, Nanjing Iron and Steel Group, Lithium, Renewable energy

Java 7 Coal Fired Power Plant is a 2100MW coal-fired power project located in Banten, Indonesia.

Key Points: 
  • Java 7 Coal Fired Power Plant is a 2100MW coal-fired power project located in Banten, Indonesia.
  • Shanghai Electric commenced project construction in 2016 and subsequently entered commercial operation in December 2019.
  • The Chilaza Power Plant, run and maintained by Shanghai Electric for its second phase, holds the top spot for power generation efficiency among coal-fired power plants on Java Island in Indonesia.
  • For more information about the symposium, please visit https://www.chinadailyhk.com/article/328064 ; or gain more information regarding Shanghai Electric and its business in the worldwide, please visit https://www.shanghai-electric.com/group_en/ .

Fosun International Expects One-off Negative Impact to be Cleared and Businesses to Bound Back in 2023

Retrieved on: 
Saturday, January 21, 2023
Daiwa Securities Group, Weather, PE, Club Med, Mainland China, China International Capital Corporation, CICC, Face, COVID-19, The Conference Board, Statistics, HKEX, Morgan Stanley, S&P Global, Vaccination, Fruit, Pfizer–BioNTech COVID-19 vaccine, Security, Tourism, Commerce, Happiness, NAV, Central Economic Work Conference, Conference, S&P Global Ratings, Policy, Omicron, Spring Festival, New Year, Hong Kong Stock Exchange, The Spring Festival, Optimism, Nanjing Iron and Steel Group, Retail, Pharmaceutical industry, Security (finance), Fosun International, Health, Azvudine

The announcement also pointed out that with the gradual return to normalization of international trade and commerce in 2023, the Company's management expects to see recovery of its businesses.

Key Points: 
  • The announcement also pointed out that with the gradual return to normalization of international trade and commerce in 2023, the Company's management expects to see recovery of its businesses.
  • The two flagships of Fosun's Happiness segment, Fosun Tourism Group and Yuyuan, and other businesses have shown strong signs of recovery.
  • Based on Fosun's solid financial performance and strong potential for rebound, Morgan Stanley and Daiwa Capital Markets reiterated their "Overweight"/"Buy" rating on Fosun International.
  • Nomura Orient International Securities, China Industrial Securities, and CICC have assigned Fosun International an "Overweight"/"Outperform" rating.