LEP(SH:600644) Mei Ri Jing Ji Xin Wen·2025-06-09 14:39Core Viewpoint - Leshan Electric Power's stock price has seen a significant increase, rising from over 7 yuan per share to a peak of 18 yuan, reflecting a market optimism driven by the company's transition to energy storage projects [1][2] Group 1: Stock Performance - Leshan Electric Power's stock price increased by over 130% within a specific timeframe, with a closing price of 15.38 yuan on June 9 [1] - Institutional investors reported a floating profit exceeding 60 million yuan due to the stock price surge [1] Group 2: Company Strategy and Developments - The company has been focusing on energy storage as a key area for growth, with a new 100MW/200MWh energy storage project in Longquanyi District, Chengdu, expected to commence operations in summer 2023 [2][5] - The company aims to maintain a cautious approach in its expansion strategy, evaluating the effectiveness of existing projects before considering further geographical expansion [2][5] Group 3: Historical Context and Caution - Leshan Electric Power has a history of being the first publicly listed power company in China, but its market visibility has diminished over time due to a focus on local operations [3] - The company previously faced challenges in 2008 when it attempted to enter the upstream silicon material sector, which ended in bankruptcy, influencing its current cautious approach to new ventures [6] Group 4: Technological Initiatives - The company is working on advancing its virtual power plant initiatives and integrating artificial intelligence with energy management, focusing on optimizing energy usage and improving efficiency [7]