Wanneng Power: The year-on-year decline in coal purchase costs in the second quarter expanded compared to the first quarter.
Anhui Electric Power stated during institutional research that, thanks to a high proportion of long-term contracts, the settlement electricity price has remained stable. The company's coal procurement is divided into three categories: long-term contracts, market agreements, and spot transactions. The decline in coal procurement costs in the second quarter compared to the first quarter has slightly expanded.
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