Shanxi Coking Coal Energy Group(000983.SZ): subsidiary Xishan Thermal Power's generator units shut down.
Shanxi Coking Coal (000983.SZ) announced that its subsidiary Shanxi Xishan Thermal Power Co., Ltd. ("...
Shanxi Coking Coal Energy Group (000983.SZ) announced that its holding subsidiary, Shanxi Xishan Thermal Power Co., Ltd. ("Xishan Thermal Power"), will shut down its power generation units by 2025. It is reported that due to the small installed capacity and high energy consumption of Xishan Thermal Power's power generation units, the company has been in a continuous loss in recent years, which has had a certain impact on the company's performance. The shutdown of Xishan Thermal Power's power generation units this time is in line with the local government's requirements to eliminate outdated coal power capacity.
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