Core Viewpoint - Fuzhou Energy Co., Ltd. (福能股份) announced a plan for its controlling shareholder to increase its stake in the company, reflecting confidence in the company's intrinsic value and future growth potential [1][2]. Group 1: Shareholder Actions - The controlling shareholder, Fujian Energy Group, plans to invest between 100 million to 200 million yuan to buy additional shares without a set price range [2]. - This marks the second share buyback plan initiated by the controlling shareholder within the year, with the first plan completed in June 2025 [2]. - As of June 25, 2025, the controlling shareholder and its affiliates hold 1.553 billion shares, representing 55.87% of the total share capital [2]. Group 2: Financial Performance - In Q1 2025, the company reported revenue of 3.097 billion yuan, a year-on-year increase of 0.31%, and a net profit attributable to shareholders of 752 million yuan, up 42.83% [5]. - The company has shown consistent growth in net profit, achieving a record high of 2.793 billion yuan in 2024, marking a 6.47% increase from the previous year [4]. - The company has maintained a steady dividend payout since 2014, with cash dividends of 782 million yuan, 800 million yuan, and 862 million yuan planned for 2022, 2023, and 2024, respectively [3]. Group 3: Operational Highlights - Fuzhou Energy operates a diversified power generation portfolio, including wind, natural gas, and solar energy, with a total installed capacity of 6.096 million kilowatts as of the end of 2024 [4]. - The company aims to enhance its competitiveness in the electricity market, with plans for new projects including a 6.376 billion yuan offshore wind farm and a 5.377 billion yuan combined heat and power project [5][6]. - The company is targeting a total installed capacity of 15 million kilowatts by the end of 2025 and 20 million kilowatts by the end of 2030, focusing on green energy development [6]. Group 4: Financial Health - The company's asset-liability ratio has decreased for three consecutive years, reaching 37.78% in Q1 2025, down from 50.81% in 2021 [6].
福能股份稳健经营净利三连增 控股股东拟最高2亿增持显信心