
“Black Swan” Drives Local Energy Resources – 21st Century Economic Report
April 19, 2025, 05:00
21st Century Economic Report
Since 2018, "Black Swan" has become a pivotal year for China's energy sector, marking a significant transformation in state-owned enterprises. With the implementation of the "531 New Policy," the focus shifted towards optimizing business survival standards, leading companies to prioritize efficiency and innovation.
In the past eight months, the integration of Liu Yong and other green energy companies into an energy management consortium has resulted in a new energy source project valued at approximately 1.33 billion yuan. This initiative represents a significant step towards opening new business paths in the energy sector.
During this transition, the company aims to expand its market presence and has seen an increase in its market capitalization. Notably, it has also become a significant player in the energy management sector with its unique offerings.
Furthermore, the company has made strides in establishing partnerships that enhance its operational capabilities. This includes collaborative efforts that align with the "Belt and Road" initiative, which began in June 2018, promoting international economic cooperation and energy projects.
By 2023, the company intends to focus on a new energy project valued at approximately 77 billion yuan. This project will not only enhance its market standing but will also be instrumental in driving the energy transition.
As part of a long-term strategy, the company is planning to launch an IPO in August 2024, aiming to attract additional investment and bolster its market position. Liu Yong, as a pioneer in this endeavor, remains committed to achieving sustainable growth and expanding its influence in the energy sector.
By April 2025, the company is expected to finalize the acquisition of a new energy source, thereby reinforcing its commitment to environmental sustainability. This strategic move is anticipated to solidify its position in the market and create new opportunities for expansion.
In summary, the energy landscape is evolving rapidly, and the company's proactive approach is set to redefine its role within the industry. The ongoing developments signify a robust commitment to sustainable practices and a forward-thinking business strategy.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/strategic-developments-in-chinas-electric-vehicle-sector-insights-from-the-21st-century-economic-report/
