5000 Billion Merger Wave Sweeps Three Provinces! Provincial Energy Groups 'Large Integration,' Rewrite China's Energy Landscape

Provincial energy groups are speeding up integration, reshaping valuations of coal, electricity, and solar integration, and initiating a wave of energy asset revaluation. When provincial energy groups in Guizhou, Henan, and Sichuan consecutively unveiled their strategic reorganization "big moves," a merger storm spanning the coal, electricity, and new energy sectors is rapidly spreading. From the coal-electricity joint ventures in the deep mountains of the southwest to the chemical layout in the central plains, from the integration of hydropower in the upper reaches of the Yangtze River to the skyrocketing market value in the capital market, the intensive actions of local…