Hydropower Giant Expands Pumped Storage Projects

Securities Daily reports that on April 3rd, Yangtze River Power(26.70, -0.31, -1.15%) responded to investor inquiries on its interaction platform, stating that as the power market and electricity price system gradually improve, the energy value and flexibility of large hydropower will be fully realized; regarding pumped storage, the company is actively advancing the planning and construction of pumped storage stations, and will strictly abide by relevant laws and regulations and supervisory requirements, fulfilling information disclosure obligations in a timely manner based on project conditions.