On June 17th, the National Bureau of Statistics released data showing that in May, the added value of industries above designated size in China increased by 5.6% year-on-year and 0.3% month on month. By product, the production of 3D printing equipment, new energy vehicles, and integrated circuit products increased by 36.3%, 33.6%, and 17.3% year-on-year, respectively p> From January to May, China imported 54.28 million tons of natural gas, a year-on-year increase of 17.4%
The latest data from the National Bureau of Statistics shows that natural gas production is steadily increasing, while imports are maintaining a relatively fast growth. In May, the production of industrial natural gas above designated size reached 20.3 billion cubic meters, a year-on-year increase of 6.3%, which was 3.1 percentage points faster than April; The daily average production is 650 million cubic meters. Imported natural gas reached 11.33 million tons, a year-on-year increase of 7.1%. From January to May, the production of industrial natural gas above designated size reached 103.3 billion cubic meters, a year-on-year increase of 5.2%; Imported natural gas reached 54.28 million tons, a year-on-year increase of 17.4% p>
On June 17th, the German Chamber of Commerce announced that the European Union should invest to enhance competitiveness, rather than imposing tariffs on Chinese made electric vehicles. This is a further effort by Germany to avoid or soften trade restrictions. Maximilian Butek, Executive Director of the German Chamber of Commerce in East China, stated that the tariffs currently proposed by the European Union will not increase the competitiveness of the automotive industry. He said at the press conference of the Chamber of Commerce's business confidence survey, "If the automotive industry is global, you cannot just protect the automotive industry in the EU."
On the 17th, the website of the Qinghai Provincial People's Government announced that Qinghai Province is expected to add nearly 15 million kilowatts of new energy installed capacity this year, and plans to consume 76 billion kilowatt hours of renewable energy. As of May, the total installed capacity of Qinghai Province's power grid was 56.6418 million kilowatts, including 39.1239 million kilowatts of new energy installed capacity, and 21.619 billion kilowatt hours of new energy power generation from January to May. The installed capacity and power generation of new energy accounted for 69.07% and 49.36% respectively, maintaining a leading position in the country p>
From January to April, enterprises in the Xining Nanchuan Industrial Park used 4.665 billion kilowatt hours of electricity for production, with clean energy accounting for 93.32%. Qinghai Province plans to consume 76 billion kilowatt hours of renewable energy throughout the year. As of April, 25.1 billion kilowatt hours have been consumed, accounting for 33% of the annual target p>
On June 17th, the entry # Chuan Ningde Times implements 896 work system # made it to the hot search. According to online documents, Ningde Times issued a call to employees to "strive for 100 days". Starting from June 12th, eligible employees will implement the "896" work system, which means they will start working from Monday to Friday at 8am and end at 9pm. They will need to work on Saturdays but are not required to work overtime, and will strive for a total of 100 days span>
Several netizens claiming to be internal employees of Ningde Times told Interface News that the "896" work system rumored online is indeed being implemented in the company< A person close to Ningde Times told Interface News that the Ningde Times Group has only put forward a call for "100 days of hard work" at its level, and some of the so-called "896 work system for eligible employees" regulations circulating online are all fabricated span>
On June 17th, Huaneng Hydroelectric announced that the first Unit 1 (350000 kW) of the Toba Hydroelectric Power Station, owned by the company, successfully completed a 72 hour full load trial run on June 15th and officially entered commercial operation. The Toba Hydropower Station is located in Diqing Prefecture, Yunnan Province, with an installed capacity of 1.4 million kilowatts and a designed average annual power generation of 6.23 billion kilowatt hours p>
On June 17th, People's Daily reported that all 23 new transmission and transformation products of TBEA have successfully passed national level appraisal. Among them, 10 technological products have reached the international leading level, and 13 have reached the international advanced level. These products are widely used in China's ultra-high voltage AC/DC transmission, large-scale hydropower, large-scale renewable energy power generation base construction, as well as solar energy, wind energy, railways, petroleum and petrochemical, pumped storage and other fields. At the same time, the digital transformer workshop of TBEA Intelligent Electrical Co., Ltd. was completed p> Datang New Energy plans to establish a joint venture to develop the Wenchang energy storage project in Hainan
Datang New Energy (01798. HK) has announced that recently, Datang New Energy, Datang New Energy Hong Kong, and Datang Hainan have signed a joint venture agreement, with the contracting parties jointly establishing a joint venture company to jointly develop the Wenchang energy storage project. According to the joint venture agreement, the registered capital of the joint venture company is 59 million yuan, of which Datang New Energy contributes 23.6 million yuan in cash, accounting for 40% of the registered capital of the joint venture company; Datang New Energy Hong Kong contributed 14.75 million yuan in cash, accounting for 25% of the registered capital of the joint venture company; Datang Hainan contributed 20.65 million yuan in cash, accounting for 35% of the registered capital of the joint venture company p>
According to the Qichacha APP, recently, Bozhou Xijia New Energy Co., Ltd. underwent business changes, with the former wholly-owned shareholder Huang Guangtian withdrawing and a new subsidiary of Ningde Times, Times Green Energy Co., Ltd., being added as a shareholder and holding full shares. At the same time, several key personnel of the company have undergone changes. According to Qichacha information, the company was established in 2021 with a registered capital of 3 million yuan. Its business scope includes the manufacturing of photovoltaic equipment and components, sales of photovoltaic equipment and components, solar power generation technology services, and sales of new energy original equipment p>
According to the Tianyancha App, recently, Shenzhen Shell BYD Electric Vehicle Investment Co., Ltd. underwent a business registration change, increasing its registered capital from 300 million yuan to 400 million yuan. At the same time, Zhang Hong stepped down as the legal representative and chairman, and was replaced by Zhang Le. The company was established in June 2014 and was formerly known as Shenzhen BYD Electric Vehicle Investment Co., Ltd. Shell (China) Co., Ltd. invested in it in December 2022 and changed its current name in April 2023. According to shareholder information, the company is currently held by Shell (China) Co., Ltd. and BYD Automotive Industry Co., Ltd. with 80% and 20% respectively p>
According to Xinhua News Agency on June 17th, according to data from Anxunsi in the UK, in May of this year, Europe imported more natural gas from Russia than from the United States for the first time in nearly two years due to a "one-time factor", and Russia once again became the largest natural gas supplier to Europe p> UAE companies plan to invest approximately $270 million to build their first hydrogen energy equipment plant
On June 17th, according to Caixin News, UAE energy solutions company Broaden Energy recently signed a preliminary agreement with the Abu Dhabi Ministry of Economic Development to invest 1 billion dirhams (approximately 270 million US dollars) to open a hydrogen equipment manufacturing center in the region. This will be Abu Dhabi's first hydrogen energy equipment manufacturing complex, which will enhance the UAE's energy infrastructure upon completion. The facility is expected to support the goals of Abu Dhabi's industrial strategy by promoting sustainable development and developing the value chain p>