Highlights from the Brokerage morning meeting: Demand improved in the first quarter, and performance recovery in the Electrical Utilities New energy Fund industry is expected.

In today's Brokerage morning meeting, Sinolink believes that the core logic of incremental policies is becoming clearer; China Securities Co.,Ltd. noted that the current expectations for Fuel Cell Energy vehicles in the Sector are relatively weak, and there might be an upward inflection point in sales during the peak season in May-June; HTSC suggested that the demand is improving in the first quarter, and the performance recovery of Electrical Utilities New energy industry is expected.

cls.cnApr 25 08:20

【Brokerage Focus】Huayuan Securities maintains a "Buy" rating for CGN NEW ENERGY (01811), stating that wind power is the main reason for the company's profit decline.

Jinwu Financial News | Huayuan Securities research points out that in 2024, CGN NEW ENERGY (01811) will achieve revenue of 1.951 billion USD, a year-on-year decline of 11%, with a Net income of 0.248 billion USD, a year-on-year decline of 7.3%. In 2024, the company will distribute a dividend per share of 11.27 Hong Kong cents/share, corresponding to a payout ratio of 25%, which is the same as last year (dividend amount/Net income), with a current dividend yield of 5%. The bank stated that in 2024, domestic coal power/domestic wind power/domestic solar power/South Korea projects will achieve Net incomes of 0.16, 0.228, 0.023, and 0.075 billion USD respectively, year-on-year.

Jingu Financial NewsApr 22 14:07 · Ratings

CGN NEW ENERGY (01811.HK): Power restrictions hinder company performance. Current dividend yield is 5%.

Event: 1) The company announced its 2024 annual performance, achieving revenue of 1.951 billion USD in 2024, down 11% year-on-year, and realizing a net income attributable to shareholders of 0.248 billion USD, down 7.3% year-on-year. 2) Distribution.

Huayuan SecuritiesApr 21 07:32

National Energy Administration: As of the end of March, the total installed power generation capacity nationwide reached 3.43 billion kilowatts, an increase of 14.6% year-on-year.

On April 20th, the National Energy Administration released the Electrical Utilities Statistics for the national power industry from January to March.

Zhitong FinanceApr 20 15:16

National Energy Administration: In March, the National Energy Administration issued 0.174 billion green certificates, a year-on-year increase of 9.39 times.

In March 2025, a total of 0.118 billion green certificates were traded nationwide, among which 21.87 million were for China Green Electricity Investment Of Tianjin. From January to March 2025, a total of 0.2 billion green certificates were traded nationwide, with 60.44 million of them for China Green Electricity Investment Of Tianjin.

Zhitong FinanceApr 17 15:33

CGN NEW ENERGY: Notice of Annual General Meeting

HKEXApr 16 16:52 · Announcements