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According to AI Fast News, on April 22, Cinda Securities issued a research report giving Shaanxi Energy (001286.SZ) a "buy" rating. The main reasons for the rating include: 1) in the coal sector, the Zhao Shipan coal mine is expected to start production in 2025, resulting in a significant increase in coal production in Q4 2025 and Q1 2026; 2) in the power sector, the effect of new energy installations on thermal power generation is evident, with thermal power demand returning to growth in Q1 2026; 3) capacity expansion and dividends: coal and electricity capacity continue to grow, with various projects progressing both within and outside the province. Risk factors include: the risk of a significant decline in coal-fired power plant utilization hours and electricity prices; the risk of a significant decline in coal prices; and the risk of project progress falling below expectations. (Daily Economic News)
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