Longji Shares: Yunnan Development and Reform Commission cancelled the preferential electricity price policies and measures enjoyed by the company in Yunnan Province

2022-05-30 0 By

Longji Stock (601012) : Yunnan Development and Reform Commission cancelled the preferential electricity price policies and measures enjoyed by the company in Yunnan Province. From September 1, 2021, all electricity prices of the company will be formed through electricity market transaction, and the company will directly settle with power grid enterprises, which will have a certain adverse impact on the company’s profits.